How Is MTBF Related to FR(N)

question 114

Multiple Choice

How is MTBF related to FR(N) ?

• A) MTBF is measured in hours, while FR(N) is measured in years.
• B) MTBF is normally distributed, with FR(%) as its mean and FR(N) as its standard deviation.
• C) MTBF is the reciprocal of FR(N).
• D) Both MTBF and FR(N) increase when breakdown maintenance is replaced by preventive maintenance.
• E) MTBF and FR(N) are unrelated concepts.

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Definitions:

Disposable Income

The sum of funds that families can allocate to expenditure and savings once they've paid their income taxes.

MPC

The marginal propensity to consume, which represents the proportion of an increase in income that is spent on consumption rather than being saved.

Saving

The share of earnings not used for immediate spending but saved or invested for future needs.

Consumption Function

An economic formula representing how consumer spending is related to various factors, including income levels.