What is the minimum probability of performing needed

Assignment Help Operation Management
Reference no: EM13914350

A system consists of three identical components. In order for the system to perform as intended, all of the components must perform. Each has the same probability of performance. If the system is to have a .92 probability of performing, what is the minimum probability of performing needed by each of the individual components?

Reference no: EM13914350

Questions Cloud

Assuming that the teams work independently : Assuming that the teams work independently, what is the probability that the task will not be completed in time?
Repeat problem under the condition that one of the compone : Repeat Problem 9 under the condition that one of the components will have a backup with a reliability equal to that of any one of the other components.
What is the minimum reliability each one must have : What is the minimum reliability each one must have in order for the overall system to have a reliability of .98?
The engineer can spend $ 173 for the two components : The engineer can spend $ 173 for the two components. To the nearest two decimal places, what is the largest component probability that can be achieved?
What is the minimum probability of performing needed : A system consists of three identical components. In order for the system to perform as intended, all of the components must perform. Each has the same probability of performance. If the system is to have a .92 probability of performing, what is th..
What is the overall probability that the product will functi : A product is composed of four parts. In order for the product to function properly in a given situation, each of the parts must function. Two of the parts have a .96 probability of functioning, and two have a probability of .99. What is the overal..
What percentage of batteries would you expect to fail : What percentage of batteries would you expect to fail before the warranty period expires? A competitor is offering a warranty of 30 months on its premium battery.
Which option would be more cost effective : Which option would be more cost effective? Currently, the average time between failures is 100 hours and the average repair time is 4 hours.
What service period would achieve an expected wear out rate : What service period would achieve an expected wear out rate of 2 percent 5 percent

Reviews

Write a Review

Operation Management Questions & Answers

  Examples of applying supply chain management

You and your fellow operations department teammates have been debating which companies are the best examples of applying supply chain management.

  Convert the payoff matrix to utility values

Suppose that the utility function for the owner of Morely Properties can be approximated by the exponential utility function U(X) = 1 - e^(-x/R) where the risk tolerance value R=100 (in $1,000s).

  Bill simmons is the manager of a small restaurant

Bill Simmons is the manager of a small restaurant and must decide how much money he owes his suppliers. This is an example of a nonprogrammed decision.

  What is performance excellence

What is performance excellence? What are the principles of total quality? Describe the composition of each category in the Baldrige Criteria. Contrast total quality (TQ) and Six Sigma. Briefly describe the various elements of strategy development. Li..

  Why a business should understand the constituent parts

Why a business should understand the constituent parts of their demand chain A description of how a demand chain is created A description of how a demand chain can be beneficially used An example of a demand chain Choose a Fortune 500 company and ..

  Knox corporation plans to sell 1000 units in 2011 at an

knox corp. plans to sell 1000 units in 2011 at an average sale price of 40 each. cost of goods sold will be 40 of the

  Illustrate what might competitive advantage for each

Define competitive advantage. Illustrate what might competitive advantage be for each of subsequent companies. Be specific

  What is floras expected profit

What are the 8 cross functional processes that make up Supply Chain Management? Just list the eight and briefly describe the bullwhip effect.

  Plastic liner for concrete highway projects calls

The specification for a plastic liner for concrete highway projects calls for a thickness of 3.0 mm 0.2 mm. The standard deviation of the process is estimated to be 0.02 mm. The process is known to operate at a mean thickness of 3.0 mm. What is the o..

  How do you ensure equal employment opportunities

What is your plan if a union campaign is started at your company?

  Formulate a linear programming model

formulate a linear programming model that will enable the farmer to determine th number of acres where sugarcane and/or corn should be planted in order to maximize profit from his land. (using ALL 50 acres, but not all workers or fertilizers.

  Evaluate upper also lower control limits which will comprise

Evaluate upper also lower control limits which will comprise roughly 97 percent of sample means when process is in control.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd