which option you use for each machine. The system runs 1 time. The team that gets the lowest system cost (including improvement cost and failure cost) will win the game. System failure cost: 3000 dollars per time. M1 M3 M2 For machine 1: 100 dollars for 10% reliability and improvement cost is 100 dollars for additional 10% reliability (up to 100%). M4 For machine 2: 100 dollars for 10% reliability and improvement cost is 50 dollars for additional 10% reliability (up to 100%). Your decision: For machine 3: 50 dollars for 10% reliability and improvement cost is 30 dollars for additional 10% reliability (up to 100%). Machine 1 reliability: Machine 2 reliability: Machine 3 reliability: Machine 4 reliability: For machine 4: 50 dollars for 10% reliability and improvement cost is 200 dollars for additional 10% reliability (up to 100%). Cost to Purchase: Cost to Purchase: Cost to Purchase: Cost to Purchase:

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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The lowest system cost will be the best. Please show work.
In-class Game 3: Purchase Which Machine?
Task: You are the manager of a factory and need to build a new assembly line. Please decide
which option you use for each machine. The system runs 1 time. The team that gets the lowest
system cost (including improvement cost and failure cost) will win the game. System failure
cost: 3000 dollars per time.
M1
M3
M2
M4
For machine 1: 100 dollars for 10% reliability and improvement cost is 100 dollars for additional
10% reliability (up to 100%).
For machine 2: 100 dollars for 10% reliability and improvement cost is 50 dollars for additional
10% reliability (up to 100%).
Machine 1 reliability:
Machine 2 reliability:
Machine 3 reliability:
Machine 4 reliability:
For machine 3: 50 dollars for 10% reliability and improvement cost is 30 dollars for additional
10% reliability (up to 100%).
For machine 4: 50 dollars for 10% reliability and improvement cost is 200 dollars for additional
10% reliability (up to 100%).
Your decision:
Cost to Purchase:
Cost to Purchase:
Cost to Purchase:
Cost to Purchase:
Transcribed Image Text:In-class Game 3: Purchase Which Machine? Task: You are the manager of a factory and need to build a new assembly line. Please decide which option you use for each machine. The system runs 1 time. The team that gets the lowest system cost (including improvement cost and failure cost) will win the game. System failure cost: 3000 dollars per time. M1 M3 M2 M4 For machine 1: 100 dollars for 10% reliability and improvement cost is 100 dollars for additional 10% reliability (up to 100%). For machine 2: 100 dollars for 10% reliability and improvement cost is 50 dollars for additional 10% reliability (up to 100%). Machine 1 reliability: Machine 2 reliability: Machine 3 reliability: Machine 4 reliability: For machine 3: 50 dollars for 10% reliability and improvement cost is 30 dollars for additional 10% reliability (up to 100%). For machine 4: 50 dollars for 10% reliability and improvement cost is 200 dollars for additional 10% reliability (up to 100%). Your decision: Cost to Purchase: Cost to Purchase: Cost to Purchase: Cost to Purchase:
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