A System Is Composed of Three Components A, B, and C

question 88

Multiple Choice

A system is composed of three components A, B, and C. All three must function for the system to function. There are currently no backups in place. The system has a reliability of 0.966. If a backup is installed for component A, the new system reliability will be

• A) unchanged.
• B) less than 0.966.
• C) greater than it would be if a backup were also installed for component B.
• D) greater than 0.966.
• E) equal to exactly 0.966.

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Definitions:

Financial Calculator

A specialized calculator designed to perform financial functions, such as calculating interest rates, loan payments, and investment values.

Time Value

The concept that money available today is worth more than the same amount in the future due to its potential earning capacity.

Periodic Payments

Regular payments made over a specified period of time, often related to loans or leases.

Annuity Table

A tool used to determine the present value of an annuity by providing factors to calculate payments or values at various rates and periods.