each parallel arrangement attracts additional fee of $1000000. Also, three components in parallel, counts as two parallel arrangements. If MTN desire a total system reliability of 0.9,and any additional 0.01 reliability will benefit mtn by $300000

0.86 0.86 0.86 0.86 0.86 0.86 Design 2 0.98 0.98 0.98 Design 3 0.73 0.73 1 0.73 Design 4 8 9 P b. The table below gives the cost for a component at certain reliabilities for the various designs in question (a). Component Cost $600,000 $800,000 $900,000 $,100,0000 Component Reliability 0.73 0.86 0.97 0.98 Each parallel arrangement attracts additional fee of $1,000,000. Also, three components in parallel, counts as two parallel arrangements. If MTN desire a total system reliability of 0.9, and any additional 0.01 reliability above the desired reliability will benefit MTN by $300,000, i the total cost based on design 1 is $ 64000000 11. the total cost based on design 2 is $ 111. the total cost based on design 3 is $ iv. the total cost based on design 4 is $ v. the cost effective design which also meets MTN's minimum system reliability of 0.9 is design number 4 ronour 0.86 0.86 0.86 0.86 0.86 0.86 Design 2 0.98 0.98 0.98 Design 3 0.73 0.73 1 0.73 Design 4 8 9 P b. The table below gives the cost for a component at certain reliabilities for the various designs in question (a). Component Cost $600,000 $800,000 $900,000 $,100,0000 Component Reliability 0.73 0.86 0.97 0.98 Each parallel arrangement attracts additional fee of $1,000,000. Also, three components in parallel, counts as two parallel arrangements. If MTN desire a total system reliability of 0.9, and any additional 0.01 reliability above the desired reliability will benefit MTN by $300,000, i the total cost based on design 1 is $ 64000000 11. the total cost based on design 2 is $ 111. the total cost based on design 3 is $ iv. the total cost based on design 4 is $ v. the cost effective design which also meets MTN's minimum system reliability of 0.9 is design number 4 ronour