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Lemur [1.5K]
3 years ago
14

Reliability is the probability that a product or system will function when activated. True or False

Business
1 answer:
GenaCL600 [577]3 years ago
4 0

Answer:

True

Explanation:

The term reliability is associated with consistency in performance that can be proven through statistical analysis. Reliability means dependability. It is the assurance that a system, equipment, or apparatus will perform its functions as expected with many instances of failure.

Reliability is the high probability that a system or equipment will operate without failure. Reliability means that performance results can be verified. The probability of producing such results in the future is high.

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Suppose that, in a competitive market without government regulations, the equilibrium price of donuts is $1.00 each.Complete the
deff fn [24]

Answer:

Government Legal minimum price = $1.20 is case of 'Binding Price Floor'

Explanation:

Price Floor is the minimum base benchmark for price of a good or service. It is usually 'binding' i.e below the equilibrium price, is done to protect the producers from under pricing, based on free market forces. Example : Minimum Support Price for farmer's agricultural products.

In this case, the price floor (minimum mandated price) is in labour market for price of labour i.e wages. It is binding also, since it imposes the minimum price (wage) floor at - wage level greater than the wage as per free market demand & supply forces. Also, it is in interest of sellers (labour sellers here) analogous to farmers MSP previous example.  

8 0
3 years ago
You manage a pension fund that promises to pay out $10 million to its contributors in five years. You buy $7472582 worth of par-
julia-pushkina [17]

Answer :

Shortfall of money = $74,598

Explanation :

As per the data given in the question,

Par value of bond = $7,472,582

To determine the future value of annual coupon payments received, we will use FV of annuity's formula

FV of Annuity = P [(1 + r)^n- 1 ÷ r]

where,

P = Periodic payment

r = interest rate

n = Time period

here P = 6% of $7,472,582 = $448,354.92

r = 4.50%

n = 5 years

FV of Annuity = $448,354.92 × [(1 + 4.50%)^5 - 1) ÷ 4.50%]

=$2,452,820

Shortfall at the end of 5 years is

= $10,000,000 - $7,472,582 - $2,452,820

= $74,598

6 0
3 years ago
Debra tracks her business finances in a spreadsheet. She wants to figure out how much she could increase profits if she raises p
uranmaximum [27]

Answer: what-if-analysis

Explanation:

3 0
1 year ago
Read 2 more answers
Skysong Company signed a long-term noncancelable purchase commitment with a major supplier to purchase raw materials in 2021 at
k0ka [10]

Answer:Skysong journal $

Date

December 2020

Raw material Dr 984,100

Loss on raw material 48,000

Supplier Cr 1,032,100

Narration. recognition of raw materials purchased at agreed value.

2021

Supplier Dr. 1,032,100

Bank Cr. 1,032,100

Narration. Payment for raw materials purchased at agreed value.

Explanation:

The raw materials needs to be paid for at the agreed value not withstand ing the fall in value. However stock are to be recognized at cost or net realisable value which ever is less and since the market value of the stock has dropped this has to be recognized as a loss in the income statement to avoid the stock been over value.

6 0
3 years ago
The Quaint Quilt produces and sells handmade quilts. Variable manufacturing costs total $140 per quilt. Fixed manufacturing over
alexgriva [62]

The total variable cost reported on Quaint Quilt's variable costing income statement is: $124,020

Calculation to determine the total variable costing income statement

Using this formula

Variable costing income statement=(Variable manufacturing costs+Variable selling and administrative costs )×Sales

Let plug in the formula

Variable costing income statement($140 + $19) x 780 quilts sold

Variable costing income statement=$159×780 quilts sold

Variable costing income statement=$124,020

Inconclusion The total variable cost reported on Quaint Quilt's variable costing income statement is: $124,020.

Learn more here:

brainly.com/question/13214374

4 0
2 years ago
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