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A production line has three machines A, B, and C, with reliabilities of .92, .91, and .87, 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. a. Compute overall system reliability under Plan 1. (Round your intermediate calculations and final answer to 4 decimal places.) Reliability b. Compute overall system reliability under Plan 2. (Round your intermediate calculations and final answer to 4 decimal places.) Reliability c. Which plan will provide the higher reliability? Plan1 Plan2
You work for the 3T company, which expects to earn at least 18 percent on its investments. You have to choose between two similar projects. Your analyst spredict that inflation rate will be a stable 3 percent over the next 7 years. Below is the cash ..
In healthcare what are the elements of an effective compliance program plan? (150 words cite your sources)
Of all the advantages of franchising, which one would appeal to you as an entrepreneur? Which disadvantages would you dislike the most and why?
Successful customer relationships are based upon customer value, customer satisfaction, and customer retention. Choose a good or service that you feel is successful in this regard and describes how value, satisfaction, and retention are exemplified b..
Location of the group, how many people participated, their roles, the purpose of the meeting, the topics discussed, etc. An analysis of the group dynamics. Apply important concepts from the readings.
Employ the concept of capacity management. Evaluate the management of inventories and resources. Use technology and information resources to research issues in operations management.
Develop a chase aggregate plan for Draper using a permanent workforce of 12 employees supplemented by overtime. All demand must be met each period.
A specification for a spacer plate used in a machine tool has specifications LSL = 0.05 and USL = 0.10 cm in thickness. A sample of 100 parts found mean = 0.067 and Standard diviation= 0.011. Compute and interpret the process capability indexes Cp, C..
Supplier would like to deliver sweatshirts once a week. Explain how much will this cost Co-op per year. Under illustrate what conditions would you agree to supplier's proposal.
A random sample has mean height of 80 boys, who participated in the athletic competition was 167 cm with a standard deviation of 9 cm. The mean height of the 160 boys who did not participate in the athletic competition was 163 cm with a standard devi..
New Employee Orientation.
Based on the reading in this unit, there are many external sources of information that firms can tap into to forecast the demand for their product. Discuss the five most common types of information that can be used to evaluate general business trends..
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