Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Two designs are under consideration for manufacturing. Design I has two circuits A and B in series with the warrantee period reliability 0.8,0.7 respectively. Design

image text in transcribed

Two designs are under consideration for manufacturing. Design I has two circuits A and B in series with the warrantee period reliability 0.8,0.7 respectively. Design II has also two circuits C and D, but in parallel with probability of failure 0.3,0.4 respectively. Costs of repairing circuits A, B, C, D are $12,$10,$40, and $30 respectively. Under the policy of replacing all defective circuits of a product during the warrantee period, which design is preferable for minimizing the total repair cost? (Any ethics questi4ons here?) If Design I is used and 100 units of the product are sold; on the average, how many units can be repaired by replacing only the circuit B

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Project management the managerial process

Authors: Eric W Larson, Clifford F. Gray

5th edition

73403342, 978-0073403342

More Books

Students also viewed these General Management questions

Question

=+ What are the major forms of qualitative research?

Answered: 1 week ago

Question

What is defensiveness in communication

Answered: 1 week ago