Question: c) The operations manager is developing a new production line for plywood. The has one process that has two sequential components, each with a 98%

c) The operations manager is developing a new production line for plywood. The has one process that has two sequential components, each with a 98% reliability. This process will cost $150,000 to build. There is a second process which costs $35,000 but the two components only have a reliability of 92%. The GM requires the process to be 97% reliable. He can use any combination of the two processes together or individually (as backups). What is the most cost effective way to achieve the target reliability

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