Question: Part 1 : Reliability & Maintenance A small garage in Northern Ontario has experienced several times power outage last month, which caused work interruption and
Part : Reliability & Maintenance
A small garage in Northern Ontario has experienced several times power outage last month,
which caused work interruption and delays. The owner is searching out to buy a backup power
generator, and he needs to decide whether to purchase the generator from Supplier A or Supplier
B The two suppliers have provided the following mean time between failures MTBF and mean
time to repair MTTR information for their product.
a On the basis of system availability SA which supplier should be selected?
b Based on the SA of the two generators, what other factors the owner may also consider
when making the purchase decision?
Part : Linear Programming
Suppose that you are considering investing some of your money $ into two assets:
government bonds and the stock market. You anticipate that the return rate for government bond
is and for the stock market is Since the stock market is riskier, you do not want to put
more than $ in it Similarly, you plan to spend at least $ on the government bonds.
What will be your investment portfolio in order to maximize your total return? Assume all for
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