Question: A bank loan processing system has three components with individual reliabilities as shown: R R, R, R1=0.82 R2 = 0.890 R3 -0.98 (a) Your answer

A bank loan processing system has three components with individual reliabilities as shown: R R, R, R1=0.82 R2 = 0.890 R3 -0.98 (a) Your answer has been saved. See score details after the due date. What is the reliability of the bank loan processing system? (Round answer to 3 decimal places, e.g. 15.251.) (b) What would be the reliability of the bank system above if each of the three components had a backup with a reliability of 0.70? How would the total reliability be different? (Round answer to 3 decimal places, e.g. 15.251.) Total reliability Difference in total reliability

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock 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

Students Have Also Explored These Related General Management Questions!

A bank loan processing system has three components with individual reliabilities as shown: R, RE R, R1 -0.82 R2 -0.890 R3 = 0.98 (a) Your answer has been saved. See score details after the due date....

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...

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...

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 What is the reliability of the bank loan processing system? (Round answer...

A bank loan processing system has three components with individual reliabilities as shown: R1 = 0.82 R2 = 0.870 R3 = 0.98 What is the reliability of the bank loan processing system? (Round answer to...

A bank loan processing system has three components with individual reliabilities as shown: R 1 = 0.84 R 2 = 0.950 R 3 = 0.98 Round answers 3 decimal places What is the reliability of the bank loan...

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

5. A bank loan processing system has three components with individ- ual reliabilities as shown: R2 = 0.991 R = 0.82 R3 = 0.98 What is the reliability of the bank loan processing system? 6. What would...

17.9 A medical control system has three components in series with individual reliabilities (R1, R2, Rz) as shown: R R2 R3 .99 .98 .90 RS What is the reliability of the system? Px .. 17.10 What is the...

financial SUBDOMAINS: 325.4 COMMUNICATING EFFECTIVELY IN ORGANIZATIONS 326.1 MANAGING INTERNAL COST & CONTROLLING FINANCES 326.2 MANAGING CAPITAL & FINANCIAL ASSETS 326.4 MANAGING ENTERPRISE RISK &...

Calculate gross pay for each of the following employees of Launchpad Co. The company offers a regular wage rate of $8.20/hour to all employees. Under an incentive plan in place for all employees,...

Can the sponsors be one of the parties which subscribe an intercreditor agreement with other lenders?

A property that is rented for 1 4 days and personally used for 5 days would be considered:

As the manager of Smith Construction, you need to make a decision on the number of homes to build in a new residential area where you are the only builder. Unfortunately, you must build the homes...