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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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Eduardwww [97]

Answer:

$274,000

Explanation:

As per the data given in the question,

Particulars                                                                                     Amount

Inventory balance before considering following items         $215,000

Adjustments:

1) According to FOB destination, ownership passes to buyer at receipt of goods $-

2) According to FOB shipping point, ownership passes to buyer at the point of shipment                                                                                     $27,000

3) According to FOB destination, ownership passes to buyer at receipt of goods                                                  

                                                                                                    $32,000

4) As goods received before period close, no adjustment is required $-

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Correct inventory amount to be reported in Kwok's 2021 balance sheet  

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8 0
3 years ago
Total assets were $78,000 and total liabilities were $42,000 at the beginning of the year. Net income for the year was $15,500,
Vaselesa [24]

Answer:

$46,500

Explanation:

Accounting equation is stated as :

Assets = Equity + Liabilities

therefore,

Equity = Assets - Liabilities

Equity at Beginning of the Period :

Equity = Assets - Liabilities

           = $78,000 - $42,000

           = $36,000

Equity at end of the Period

Closing Equity Balance = Opening Balance + Net Income - Dividends

                                       = $36,000 + $15,500 - $5,000

                                       = $46,500

6 0
3 years ago
If the demand curve for a life-saving medicine is perfectly inelastic, then a reduction in supply will cause the equilibrium pri
never [62]

Answer:

If the demand curve for a life-saving medicine is perfectly inelastic, then a reduction in supply will cause the equilibrium price to <u>rise and the equilibrium quantity to stay the same</u>.

Explanation:

Perfectly inelastic demand curve indicates the quantity demanded for the life-saving medicine remains the same or does not change in response to a change in price.

Since a part of the law of supply states that the lower the quantity supplied, the higher the price; a reduction in the supply of the life-saving medicine will increase its price.

The combining effect of the two above will lead to an increase in the equilibrium price while the equilibrium quantity will remain the same as it will not respond to the change in price.

The attached graph explains this more clearly. In the graph, the demand curve DD is used to represent the perfectly inelastic demand curve for the life-saving medicine. Therefore, the quantity remains at q no matter the changes, either increase or decrease, in price. Movement from the supply curve S1 to S2 indicates a reduction in supply of the life-saving medicine which causes an increase in the equilibrium price from Po to P1 while the equilibrium quantity stays at q.

This therefore shows that if the demand curve for a life-saving medicine is perfectly inelastic, then a reduction in supply will cause the equilibrium price to <u>rise and the equilibrium quantity to stay the same</u>.

8 0
3 years ago
1. Find the derivative y' = dy/dx:
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Answer:

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4 0
3 years ago
1. La medicina tradicional consiste en un conjunto de antiguos conocimientos escritos por nuestros antepasados. cierto / falso 2
Readme [11.4K]

Answer:

1-True

2-False

3-True

4-False

5-True

6-True

Explanation:

1-Since traditional medicine is defined as the sum of knowledge, techniques and practices based on the theories, beliefs and experiences of different cultures, and that are needed to maintain health, both physical and mental health

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4-It is the opposite, the complaint can cause tiredness and exhaustion, especially when symptoms such as joint pain, runny nose and headache begin to appear. This may be forced because the immune system must use much of the energy in the fight against the flu virus.

5-The clean methods one of the procedures that are part of the healing rituals of traditional medicine. This concept is related to the notion of disease and the causes they produce. One of the ways of cleaning is as a form of prevention.

6-Since the doctor with a clinical diagnosis will be the one who determines the type of disease and the medications to treat it.

7 0
3 years ago
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