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A production line has three machines A, B, and C, with reliabilities of 0.99, 0.96, and 0.93, respectively. The machines are arranged so that if one breaks down, the others must shut down. Engineers are weighing two alternative designs for increasing the line’s reliability. Plan 1 involves adding an identical backup line, and plan 2 involves providing a backup for each machine. In either case, three machines (A, B, and C) would be used with reliabilities equal to the original three.
1. Compute overall system reliability under Plan 1. (Round your intermediate calculations and final answers to 4 decimal places.)
Reliability a2. Compute overall system reliability under Plan 2. (Round your intermediate calculations and final answers to 4 decimal places.)
Reliability a3. Which plan will provide the higher reliability? Plan 1 Plan 2.
Construct a time series plot of all four variables and discuss your findings based on the graphs - Find the control limits for an X-bar and R chart if a new improved process has average of 50.5 lbs. and R-bar of 1.2 lbs. Assume n=5 for new process..
What do you see as the most interesting part of HR as a career field?
It is apparent that an employee should be fired. The manager wants to fire the low-performing employee immediately. Set up a meeting with this manager and discuss the best methods for firing an employee. Explain the steps that you recommend to the ma..
Keystone Corporaton has just paid dividends of $2.50 per share, which the company projects will grow at a constant rate of 4% forever. If Keystone shareholder's require 12% rate of return, what is the price of its common stock? Show you work
Describe the difference between a probability sample and a non-probability sample. To ensure a good session, a company selects focus group members from a list of articulate participants instead of conducting random sampling. The client did not inquir..
Identify five different kinds of questions used in interviews. Explain each one in terms of its purposes and uses as well as the goals this type of question can help an interviewer attain.
Explain the characteristics that are unique to the Millennial workforce. Assess Millennials' presumed motivation for working on teams versus working individually and Analyze how these characteristics affect prevalent workforce engagement strategies
How long would it take to complete 1,000 projects with each alternative? What is the labor content (total number of labor hours) for 1,000 projects for each alternative?
What makes a good code of conduct within an organization? Bring in a few examples of companies that have good Codes of Conduct. What can a company do to ensure the general public has a good perception of it?
Be sure to discuss factors affecting operational performance, assessment, and improvement relative to the achievement of each of the respective health care organizations' missions and strategic goals.
No one (or no organization) would make a decision based off of imperfect information. However, for a variety of reasons, many times organizations have had to function and make decisions based on imperfect information.
Briefly describe the company you researched, its compensation strategy, best practices they are applying
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