** Maintain at least 4 significant digits past the decimal during calculations**

A company has 3 potential suppliers for the 3 components needed to produce a new product. All 3 components: A, B, and C, must function correctly for the product to function. The following table provides reliabilities for each component surviving through the warranty period.

1. The company has decided to buy all 3 components from the same supplier. Calculate the product reliability for each of the three suppliers using four significant digits past the decimal place.

2. Which Supplier is the best?

3. The company has chosen the best Supplier based on Reliability. The company anticipates selling 15,000 products and must refund $18 for each failure. How much money do you estimate the company will lose due to failures?

Given the following product with a one-year warranty (reliabilities represent the probability of each component surviving for one year):

5. If the company sells 1750 products, how many do you estimate will fail during the warranty period? Round your answer to an integer.

Supplier 1 Supplier 2 Supplier 3 A 0.95 0.97 0.96 Component Reliabilities B 0.95 0.96 0.91 0.97 0.93 0.95 0.89 Given the following product configuration with component reliabilities. 4. What is the system reliability? Remember to calculate to four significant digits past the decimal place. 0.74 0.97 0.75 0.90 v 0.70 0.80 0.65 0.60