"High reliability can be achieved in a product without having high reliability in the component parts. In fact, any reliability target, no matter how high, can be achieved with only mediocre parts, so long as enough of them are present"
Discuss; an example may help.
This carries the redundancy concept one step beyond the textbook, to having multiple redundancies on the same component. If only one part in a parallel system needs to work to provide reliability of that part of the system, then several parts in parallel should offer very high reliability. Example: four parts in parallel, each with only 0.50 reliability, provide reliability of .50 + .25 + .125 +. 0625 = .9375. Additional parts in parallel continue to improve reliability.
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The formula that can be used to calculate sales dollars necessary in order to earn a desired profit is
A) (Fixed costs + Contribution margin)/(1 - Variable cost ratio) B) (Fixed costs + Desired profit)/(1 - Variable cost ratio) C) (Fixed costs + Variable costs)/(1 - Variable cost ratio) D) (Fixed costs + Desired profit)/(1 - Sales ratio) E) all of these
All of the following costs are inventoried under absorption costing except:
A. direct materials. B. direct labor. C. fixed manufacturing overhead. D. fixed administrative salaries. E. variable manufacturing overhead.
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Indicate whether the statement is true or false
What is the cost of the marginal cash discount? (See Table 14.7)
A) $768,750 B) $300,000 C) $307,500 D) $230,625