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USPshnik [31]
3 years ago
11

A production line has three machines A, B, and C, with reliabilities of .99, .96, and .93, respectively. The machines are arrang

ed 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. Which plan will provide the higher reliability?

b. Explain why the two reliabilities are not the same.

c. What other factors might enter into the decision of which plan to adopt?
Business
1 answer:
Lina20 [59]3 years ago
3 0

Answer: plan B is better

Explanation:

Machines _____reliability

__A__________ 0.99

__B__________ 0.96

__C__________ 0.93

Backup machines A, B, C also have similar probabilities :

PLAN 1:

P(success) = 0.99 * 0.96 * 0.93 = 0.8839

P(line fails) = 1 - 0.8839 = 0.1161

P(backup) = 0.99 * 0.96 * 0.93 = 0.8839

P(success) + [p(line fails) * p(backup)]

0.8839 + (0.1161 * 0.8839)

0.8839 + 0.10262079

= 0.9865

Plan B:

Backup is provided for each machine ;

P(success) + [p(line fails) * p(backup)] for each of machine A, B and C

Machine A:

0.99 + (1 - 0.99)*0.99 = 0.9999

Machine B:

0.96 + (1 - 0.96)*0.96 = 0.9984

Machine C:

0.93 + (1 - 0.93)*0.93 = 0.9951

A*B*C = 0.9999 * 0.9984 * 0.9951 = 0.9934

Plan B has greater probability of success.

2.) plan A provides a central or one single backup option should any of the machines fail. However, plan B provides separate backup options for each of machines A, B and C.

3.) choosing a plan may also depend on the cost of providing each backup plan.

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Luba_88 [7]

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As there is negligence on gregors family part, which can be completely seen as they refused to put fence in their backyard.

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4 0
2 years ago
The accounting for defined contribution pension plans is easy because each year:a. The employer records pension expense equal to
Anna71 [15]

Answer:

A) The employer records pension expense equal to the annual contribution.

Explanation:

Defined contribution (DC) pension plans are retirement plans that allow both the employer and employees make contributions and invest the those funds to try to earn more money for the moment they retire. So the future benefits will change depending on the performance of the invested funds.

3 0
3 years ago
Amy Lloyd is interested in leasing a new Honda and has contacted three automobile dealers for pricing information. Each dealer o
Ksivusya [100]

Answer:

For 12000, 15000 and 18000 miles per year respectively.

Dealer = Hepburn Honda:

10764 USD, 12,114 USD, 13464 USD

Dealer = Midtown Motors:

11,160  USD, 11,160 USD, 12,960 USD

Dealer = Hopkins Automotive:

11,700 USD, 11,700 USD, 11,700 USD

Explanation:

<em>Payoff Table Construction:</em>

The assumption of miles per year will definitely help to calculate the overall cost. Here we go:

1. Assumption no: 1:

12000 miles = 1 year

24000 miles = 2 years

36000 miles = 3 years

Let's calculate the cost for Hepburn Honda Dealer:

Dealer = Hepburn Honda:

3 years = 36 months

For 12000 miles per year drive

For 3 years = 36000 miles

So, we have:

36(299) + 0.15(36000 - 36000) = 10764 USD

For 15000 miles per year drive

For 3 years = 45000 miles

36(299) + 0.15(45000-36000) =  12,114 USD

For 18000 miles per year drive

For 3 years = 54000 miles

36(299) + 0.15(54000-36000) = 13464 USD

Above are the calculations for dealer Hepburn Honda. Now, let's calculate for the second one.

Dealer = Midtown Motors:

For 12000 miles per year drive

For 3 years = 36000 miles

So, we have:

36(310) + 0.20 x max(36000 - 45000) = 11,160  USD

For 15000 miles per year drive

For 3 years = 45000 miles

36(310) + 0.15 x max(45000-45000) =  11,160 USD

For 18000 miles per year drive

For 3 years = 54000 miles

36(310) + 0.20 x max(54000-36000) = 12,960 USD

Above are the calculations for dealer Midtown Motors. Now, let's calculate for the third one.

Dealer = Hopkins Automotive:

For 12000 miles per year drive

For 3 years = 36000 miles

So, we have:

36(325) + 0.15 x max(36000 - 54000) = 11,700  USD

For 15000 miles per year drive

For 3 years = 45000 miles

36(325) + 0.15 x max(45000-54000) =  11,700 USD

For 18000 miles per year drive

For 3 years = 54000 miles

36(325) + 0.15 x max(54000-54000) = 11,700 USD

Payoff Table:

For 12000, 15000 and 18000 miles per year respectively.

Dealer = Hepburn Honda:

10764 USD, 12,114 USD, 13464 USD

Dealer = Midtown Motors:

11,160  USD, 11,160 USD, 12,960 USD

Dealer = Hopkins Automotive:

11,700 USD, 11,700 USD, 11,700 USD

5 0
3 years ago
Which of the following would be considered a subtopic for a mind map?
snow_lady [41]

Answer:

Free youngboy

Explanation:

and blogging would be considrerd the sub

3 0
3 years ago
Read 2 more answers
Jeffrey works as an independent contractor for an accounting firm jointly owned and managed by the Matthews brothers. Which of t
lions [1.4K]

Answer:

The correct answer is letter "A": Jeffrey will be solely responsible for making payments for his Social Security (FICA).

Explanation:

Independent contractors act like third party services working for an entity to render services for specific jobs. Independent contractors are not employees of the company who hires them for the job which implies the independent contractors are fully responsible for the payment of their own Social Security and Medicare taxes.

8 0
3 years ago
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