MTBF Measures the Average

question 119

Multiple Choice

MTBF measures the average:

• A) calendar time between failures.
• B) operating time between failures.
• C) number of failures per unit time.
• D) number of operations between failures.
• E) downtime per breakdown.

---

Definitions:

Exclusive Use

The right to use a property or product without sharing it with others, often refers to licenses or real estate.

Economies of Scale

Refers to the cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.

Consent Decrees

Legal agreements that settle a dispute between two parties without admission of guilt but with an agreement to stop the contested activities.

Marginal Revenue

The additional earnings obtained from selling one more unit of a product or service.