What is the reliability of the following parallel production

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Reference no: EM131360176

1. What is the reliability of the following parallel production process? R₁ = 0.95, R₂ = 0.90, R₃ = 0.98.

2. What is the overall reliability that bank loans will be processed accurately if each of the 5 clerks shown in the chart has the reliability shown?

Hint: The three paths are done in parallel, followed by an additional independent step.

Reference no: EM131360176

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