Question: please show excel steps and solution An electronic device consists of three components. The three components are in series so that the failure of one
please show excel steps and solution
An electronic device consists of three components. The three components are in series so that the failure of one component causes the failure of the device. The reliability (probability of no failure) of the device can be improved by installing one or two standby units in each component. The table listed below charts the reliability, r, and the cost, c. The total capital available for the construction of the device is $10,000. How should the device be constructed? (Hint: The objective is to maximize the reliability, 112r3, of the device. This means that the decomposition of the objective function is multiplicative rather than additive.) 1 Number of Component 1 Component 2 Component 3 parallel units C($) 12 c2($) r3 c($) .6 .8 9 1000 2000 3000 .7 .8 9 3000 5000 6000 .5 .7 9 2000 4000 5000
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