What is safety factor of part under this design arrangement

Assignment Help Microeconomics
Reference no: EM13700923

Assume that the following data are known for a mechanical part under design: Load Stress is normally distributed with? s=15,000 psi and?s=4,000 psi Strength of part is also normally distributed with ?ST=30,000 psi and ?ST=3,000 psi What is the safety factor of the part under this design arrangement? What is the reliability of this part with such a design?

Reference no: EM13700923

Questions Cloud

Calculate the amount of the government deficit : Suppose government purchases amount is $3.5 trillion, transfer payments amount is $0.5 trillion, net interest payments are $0.25 trillion and tax revenue is valued at $2 trillion. Calculate the amount of the government deficit;
Repayment duration for the loan : Bob borrows $52000 from a local bank at an APR of 7.2% compounded monthly. His monthly payments are $52000(A/P, 0.6%, 54) = $1128 for a 54 month loan. If Jim makes an extra payment on the first month of each year, his repayment duration for the loan ..
Calculate the equilibrium level of income for this economy : Suppose the consumption expenditure is C = $100 billion + 0.9*Y. Investment (I) is $100 billion, government spending (G) is $50 billion and exports (X) are $100 billion. Imports depend on the level of income as follows: M = 0.1*Y.
Scale are increasing at low output levels and constant : Can the cobb-douglas production function be used to portray a production process in which returns to scale are increasing at low output levels and constant or decreasing at high output levels?
What is safety factor of part under this design arrangement : Assume that the following data are known for a mechanical part under design: Load Stress is normally distributed with? s=15,000 psi and?s=4,000 psi Strength of part is also normally distributed with ?ST=30,000 psi and ?ST=3,000 psi What is the safety..
Derive the firms short run supply curve : Suppose you own a car wash and that its total cost function is C = 20 + 2Q + .3Q^2 where C = total cost in dollars per hour and Q is the number of cars washsed per hour. You recieve 5 dollars for each car washed.
Short-run average and marginal costs of an auto dealership : What effect, if any, would each of the following have on the short-run average (ATC, AFC, AVC) and marginal costs of an auto dealership:
What is the optimal number of cars to wash per hour : Suppose that you own a car wash and that its total cost function is: C= 20 + 2Q + .3Q^2, where C = total cost (in dollars) per hour and Q is the number of cars washed per hour. You receive 5 dollars for each car washed. What is the optimal number of ..
Considering lowering price of its min vans to promote sales : A car dealership is considering lowering the price of its min vans to promote sales. However, it worries that this will reduce sales of it station wagon autos. It finds the cross product of demand to be 1.5. Are its concerns legitimate? Explain.

Reviews

Write a Review

Microeconomics Questions & Answers

  What the fixed cost and variable cost

What's the fixed cost and variable cost.

  Describes the retail market for electricity

Which of the following statements best describes the retail market for electricity - Estimate the (own) price elasticity (of demand).

  Assume price of labor is 10 per unit and price of capital

suppose the production of airframes is characterized by a cobbdouglas production function q lk. the marginal products

  What comparative advantage does abc have when establishing

abc co. has recognized numerous opportunities to expand in foreign countries and has assessed many foreign markets

  Determine equilibrium price and quantity

The long run supply curve for a particular type of kitchen knife is horizontal line at a price of dolla three per knife. The demand curve for such a kitchen knife is

  The main differences between the terms microeconomics and

please create a powerpoint presentation of 5-10 slides including but not limited to the following1 the main differences

  What rate of return would be earned on the mine

A mine is for sale for $450,000. It is believed the mine will produce a profit of $100,000 the first year, but the profit will decline $5000 a year after that, eventually reaching zero, whereupon the mine will be worthless. What rate of return would ..

  Explain are you for or against the free trade are you for

are you for or against free trade? are you for or against nafta? what is the economic basis for trade? explain the

  Discuss short and long run costs

Discuss short and long run expenses. For the short run discuss the relationship in cost and production theory and the idea of diminishing returns.

  What is the minimum price suppliers will charge

Let the supply and demand quantities, Qd and Qs for a single commodity be given in terms of the price P, by Qd = 10 ? 2P, Qs = P ? 2, Qd? 0, Qs ? 0, P ? 0. The equilibrium condition is Qd = Qs. What is the minimum price suppliers will charge? Describ..

  Estimating optimal output and profit level

Assume that the technology of producing widgets is that every company entering the market has the same total cost curve, as follows; TC=1000+5Q+0.1Q^2

  What is the profit maximizing output

Draw the cheese market for the United States showing the world price as the price for this market. How much cheese does the U.S. import at the world price

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