The Design Engineer in Question #3 Needs to Improve the Overall

question 49

Short Answer

The design engineer in question #3 needs to improve the overall system reliability by adding another part in parallel to the unit calculated in question #3. The objective is to achieve an overall system reliability of 99.95%. What reliability must the parallel part have to meet this objective?

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Definitions:

Channel Members

The entities involved in the distribution process that link the producer or manufacturer to the final consumer.

Seller's Price

The price at which a seller is willing to sell a good or service, often influenced by production costs, market demand, and competitive pricing.

Competitive Market

A market structure characterized by a large number of sellers and buyers, where no single entity can dictate the price or terms of products.

Pricing Constraint

Limitations or regulations affecting the determination of a product's price, including factors like cost, competition, and regulatory environment.