A System Has Three Components in Series with Reliabilities 0

question 67

Multiple Choice

A system has three components in series with reliabilities 0.9,0.7,and 0.5.What is the system reliability?

• A)0.315
• B)0.500
• C)0.700
• D)0.900
• E)2.100

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Definitions:

Direct Materials Price

The cost per unit of raw materials that are directly traceable to the production of goods.

Direct Labor Rate Variances

The difference between the actual cost of direct labor and the expected (or standard) cost, used in variance analysis to monitor labor costs.

Budgeted Standards

Budgeted standards represent targeted financial goals or benchmarks that a company aims to achieve within a certain period, often used in performance assessment and planning.

Raw Material

Basic substances in their natural, modified, or unprocessed states, used in the production or manufacturing of goods.