Explain minimum probability of performing needed, Operation Management

Assignment Help:

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 y each of the individual components?


Related Discussions:- Explain minimum probability of performing needed

Explain steps in the supply process, Examine the steps of the supply proces...

Examine the steps of the supply process in Chapter 4 of the text and identify a project where improvements could be made in one or more of the steps. Would the project have been mo

Sequence problem, how to calculate idletime of each row

how to calculate idletime of each row

Explain when you go shopping for a new computer, When you go shopping for a...

When you go shopping for a new computer, is your real objective to import a computer into your apartment, or is it to export cash from your wallet? What does this tell you about th

Explain collective bargaining, Collective bargaining replaces management's ...

Collective bargaining replaces management's traditional authority to unilaterally establish terms and conditions of employment with bilateral negotiations. How has the collective b

Explain what specific actions entrepreneurs can take, Consider the four maj...

Consider the four major reasons for new business failure. Discuss what specific actions entrepreneurs can take to minimize or avoid these causes of failure

Explain what does the term product positioning refer to, What does the term...

What does the term product positioning refer to? A careful analysis of cross tabulations Shelf locations in major chain, grocery, and department stores Geographic segmenta

Explain what is the amortization schedule, 30 year mortgage at 10 percent i...

30 year mortgage at 10 percent interest rate. Loan amount $300000. 1. What is the amortization schedule for the 1st year (12moonths) 2. What is the remaining balance of the 29years

Explain what is the forecast error, The numbers of patient arrivals to the ...

The numbers of patient arrivals to the ER department at a local hospital for the past 5 weeks are: week: 1 , 2 , 3 , 4 , 5 arrivals: 405 ,420 , 400 , 380 , 411 a) Compute a three-w

Operations function - transformation processes and planning, Operations Fun...

Operations Function - Transformation Processes and Planning The operations function is concerned with the design of transformation processes, planning their use, and organisin

Write Your Message!

Captcha
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