Question: 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

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 three components had a backup with a reliability of 0.80? How would the total reliability be dierent?

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 R, R, R1=0.82 R2 = 0.890 R3 -0.98 (a) Your answer has been saved. See score details after the due date....

1 . A bank loan processing system has three components with individual reliabilities as shown: R 1 = 0 . 9 1 R 2 = 0 . 8 9 R 3 = 0 . 9 6 What is the reliability of the bank loan processing system? (...

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...

QUESTION 1 The following system of components has been proposed for a new product. Determine the reliability of the system. R 2 backup = 0.80 | R 3 backup = 0.90 | R 1 = 0.87 ---> R 2 = 0.94 ---> R 3...

1. 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 = 0.95...

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...

In each of the following situations, explain why the taxpayers action is or is not tax evasion: a. Jamal owns an electrical appliance repair service. When a client pays him in cash, he gives the cash...

An electron is accelerated from rest by a potential differ- ence of 350 V. It then enters a uniform magnetic field of magni- tude 200 mT with its velocity perpendicular to the field. Calculate (a)...

1 0 . If an auditor believes that the client s internal controls over inventory have not been operating effectively during the period under audit, the auditor will most likely: Please add checkmark...

describe paragraph to answer the question: how can you incorporate what you learned from this video of a teacher supporting children working in the block area into your planning and implementation of...