Question: A bank loan processing system has three components with individual reliabilities as shown: What is the reliability of the bank loan processing system? R, =

A bank loan processing system has three components with individual reliabilities as shown:
R, = 0.90 R = 0.89 R3 = 0.95

What is the reliability of the bank loan processing system?

R, = 0.90 R = 0.89 R3 = 0.95

Step by Step Solution

★★★★★

3.43 Rating (169 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Reliability ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

194-B-M-L-O-M (5728).docx

120 KBs Word File

Students Have Also Explored These Related Management Leadership Questions!

Q:

A medical control system has three components in series with individual reliabilities (R1, R2, R3) as shown: What is the reliability of thesystem? R1 FR2 .99 .98

Q:

First Eastern Bank is a large, multi branch bank offering a wide variety of commercial and retail banking services. Eastern uses an absorption costing system to monitor the costs of various services...

Q:

Mr. Burns, president of Greetings Inc., created the Wall Décor unit of Greetings three years ago to increase the company's revenue and profits. Unfortunately, even though Wall Décor's...

Q:

A bank loan processing system has three components with individual reliabilities as shown: R 1 = 0.80 R 2 = 0.910 R 3 = 0.98 R 1 = 0.80 R 2 = 0.910 R 3 = 0.98

Q:

A bank loan processing system has three components with individual reliabilities as shown: R 1 = 0.82 R 2 = 0.991 R 3 = 0.98 What would be the reliability of the bank system above if each of the...

Q:

Can you please explain these three qurstions for me. I need to understand how to work them. An engine system consists of 4 main components in a series, all having the same reliability. Determine the...

Q:

A bank loan processing system has three components with individual reliabilities as shown: R1: R2: R3: 0..9 In order to boost the reliability of the bank loan processing system, management has...

Q:

QUESTION 2 A bank loan processing system has three components with individual reliabilities as shown below. What is the reliability of the bank loan processing? (Calculate to 3 decimal places) R1...

Q:

All data provided. Thank you! A bank loan processing system has three components with individual reliabilities as shown: R1=0.85R2=0.940R3=0.97 What is the reliability of the bank loan processing...

Q:

A bank loan processing system has three components with individual reliabilities as shown below. What is the reliability of the bank loan processing? ( Calculate to 3 decimal places ) ] = > [ , 0 . 7...

Q:

Using weekly price data (constructed Wednesday toWednesday), compute historical annual volatilities for IBM, Xerox, and the S&P 500 index for 1991 through 2004. Annualize your answer by multiplying...

Q:

Which of the following are scientific hypotheses? (a) Chlorophyll makes grass green, (b) Earth rotates about its axis because living things need an alternation of light and darkness, (c) Tides are...

Q:

Technology & Law Enforcement: Discuss the technological advancements available for policemen? What are their pros & cons? Discuss the role of technology in police reform.

Q:

Take a look at Figure 32-3 . What is the effect on foreign textile importers total revenues of the imposition of the quota 32-9. 32-10. 32-11. 32-12. 32-13. 32-14. that generates a movement from...

Q:

Think again about the four costs of quality. Describe how each would change if we hired more inspectors without changing any other aspects of quality.

Q:

Explain the meaning of the plandoactstudy cycle. Why is it described as a cycle?

Q:

Describe the use of quality function deployment (QFD). Can you find examples in which the voice of the customer was not translated properly into technical requirements?

Q:

A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term bond fund, and the third is a money market fund that provides a safe return of 5%. The...

Q:

You are evaluating a product for your company. You estimate the sales price of product to be $160 per unit and sales volume to be 10,600 units in year 1; 25,600 units in year 2; and 5,600 units in...

Q:

3. XYZ is considering a project that would last for 3 years and have a cost of capital of 22.70 percent. The relevant level of net working capital for the project is expected to be $2,109.50...