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The System Availability for a System with a Mean Time

question 18

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The system availability for a system with a mean time between failures (MTBF) of 1000 hours and a mean time to repair (MTTR) of 50 hours would be


Definitions:

Positive

Affirmative, constructive, or based on factual data; often used in reference to positive statements in economics which describe the world as it is, rather than how it should be.

Good Y

A general term used to represent a specific product or commodity in economic models or discussions.

Demand Function

A mathematical representation that describes the relationship between the quantity of a good that consumers are willing and able to purchase at various prices, holding other factors constant.

Income Elasticity

A measure of how much the demand for a product changes in response to a change in consumers' income.

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