1. A system has three components in parallel with reliabilities 0.9, 0.7, and 0.5. System reliability is a. 0.315 b. 0.700 c. 0.900 d. 0.985 e. 2.100
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- 11. Each year businesses lose time and money because of system crashes and failures. Which of the following offers the best way to protect a system from crashes and failures? Fault tolerance. Backup and recovery plans. All of the above. Failover.Rick Wing, salesperson for Wave Soldering Systems, Inc. (WSSI), has provided you with a proposal for improving the temperature control on your present machine. The machine uses a hot-air knife to cleanly remove excess solder from printed circuit boards; this is a great concept, but the hot-air temperature control lacks reliability. According to Wing. engineers at WSSI have improved the reliability of the critical temperature controls. The new system still has the four sensitive integrated circuits controlling the temperature, but the new machine has a backup for each. The four integrated circuits have reliabilities of 0.83, 0.85, 0.87, and 0.89. The four backup circuits all have a reliability of 0.83. a) The overall reliability of the new temperature controller= 90.39 % (enter your response as a percentage rounded to two decimal places). b) If you pay a premium, Wing says he can improve all four of the backup units to 0.86. The overall reliability of the new temperature controller with…Please do not give solution in image format thanku You have won two tickets to a Lady Gaga concert in Atlantic City. The concert is three days from now and you have to make travel arrangements. Calculate the reliability of each of the following options: Drive to Washington, DC, and take the bus to Atlantic City from there. Your car has a 79% chance of making it to DC. If it doesn’t make it to DC, you can hitchhike there with a 40% chance of success. The bus from Washington DC to Atlantic City has a 93% reliability.
- Minimax Regret CONTRACT 400u 500u 700u 900u SIZE 300u 1,500 1,200 600 500u 900 600 400 700u 300 400 800 800u 200 600 1000 Worst Regret for: 300u = 1,500 500u = 900 700u = 800 800u = 1,000 : Show computation4. Happy Toy Company's R&D The Happy Toy Company's R&D department is always looking for great ideas for new toys. On average, the R&D department generates about 10 new toy ideas a week. To go from idea to approved product, the idea must go through 5 stages: Pr(Fail) = 40% Pr(Fail) = 50% Pr(Fail) = 65% Pr(Fail) = 80% Initial Safety testing Focus Final decision Mockup screening group In initial screening a staff member spends 2 hours considering the idea. In mock-up, the idea is sent to one of many suppliers to produce a physical mock-up of the toy. There is essentially unlimited capacity at this stage, but it takes 4 days to get the mockup built even though multiple mockups can be built simultaneously. In safety testing each idea requires 2 days from a staff member to have the idea checked for safety. In focus groups each idea requires 3 hours from a staff member to have the idea test marketed. Finally, the management team meets for 4 hours per idea to decide if the toy should be added…a tax credit og 1,500 will reduce a taxpayers taxable invome to 1,500 true or false
- Lab 2 AP Austin Peay State University CLARKSVILLE TENNESSEE College of Business MGT 5055 Expected Value & Perfect Information Learning Material: Please watch this video. Scenario: A tech startup is considering launching a new product. They can either invest heavily in a full-feature version of the product (High Investment), invest moderately in a basic version (Medium Investment), or decide not to invest at all (No Investment). The market's response to the new product is uncertain. The market could have a Strong response, a Moderate response, or a Weak response. The startup has conducted a preliminary survey, which gives probabilities for each market response. Data (Payoff Table in USD): Decision High Investment Medium Investment No Investment Strong Response Moderate Response Weak Response 1,500,000 400,000 -700,000 700,000 500,000 -200,000 10 0 0 Market Response Probabilities: • Strong Response: 0.3 Moderate Response: 0.5 • Weak Response: 0.2 Assignment Steps: 1. Expected Monetary…Rick Wing, salesperson for Wave Soldering Systems, Inc. (WSSI), has provided you with a proposal for improving the temperature control on your present machine. The machine uses a hot-air knife to cleanly remove excess solder from printed circuit boards; this is a great concept, but the hot-air temperature control lacks reliability. According to Wing, engineers at WSSI have improved the reliability of the critical temperature controls. The new system still has the four sensitive integrated circuits controlling the temperature, but the new machine has a backup for each. The four integrated circuits have reliabilities of 0.84 0.86 0.88 and 0.90 The four backup circuits all have a reliability of 0.84 Part 2 a) The overall reliability of the new temperature controller = enter your response here% (enter your response as a percentage rounded to two decimal places).Rick Wing, salesperson for Wave Soldering Systems, Inc. (WSSI), has provided you with a proposal for improving the temperature control on your present machine. The machine uses a hot-air knife to cleanly remove excess solder from printed circuit boards; this is a great concept, but the hot-air temperature control lacks reliability. According to Wing, engineers at WSSI have improved the reliability of the critical temperature controls. The new system still has the four sensitive integrated circuits controlling the temperature, but the new machine has a backup for each. The four integrated circuits have reliabilities of 0.82, 0.84, 0.86, and 0.88. The four backup circuits all have a reliability of 0.82. a) The overall reliability of the new temperature controller =% (enter your response as a percentage rounded to two decimal places). 1. If you pay a premium, Wing says he can improve all four of the backup units to 0.91. the overall reliability of the new temperature controller with the…
- Rick Wing, salesperson for Wave Soldering Systems, Inc. (WSSI), has provided you with a proposal for improving the temperature control on your present machine. The machine uses a hot-air knife to cleanly remove excess solder from printed circuit boards; this is a great concept, but the hot-air temperature control lacks reliability. According to Wing, engineers at WSSI have improved the reliability of the critical temperature controls. The new system still has the four sensitive integrated circuits controlling the temperature, but the new machine has a backup for each. The four integrated circuits have reliabilities of 0.840.84, 0.860.86, 0.880.88, and 0.900.90. The four backup circuits all have a reliability of 0.840.84. Part 2 a) The overall reliability of the new temperature controller = 92.2592.25% (enter your response as a percentage rounded to two decimal places). Part 3 b) If you pay a premium, Wing says he can improve all four of the backup units to 0.870.87.…22——is the degree to which a product tolerates stress or trauma without failing. A.Serviceability B.Reliability c . Durability d .Conformance E.PerformanceWhat is the expected value with perfect information (EVWPI)?