Problem 3 Please consider the following case. Acompany has developed a component Mthat is considered a technological breakthrough However, since the technology is still in its infancy, the reliability is relatively low due to the rather out-dated manufacturing technology. Because new breakthrough usually has a good marketing effect, they decided to use the part in the upcoming product anyway. To improve the overall reliability of the system, they decided to come up with a design that use both new (M) and traditional component Regulatory requirement on the product requires at least 99.7% reliability, then, 1) Which system design should be used? 2)To satisfy the regulatory requirement at minimum, at minimum, what reliability should the component Xhave? (Hint: to calculate a system reliability in this case-1-Probability (all three fall at the same time). Design Alpha X M 0.7 Design Beta M 0.7 1 12 33 34 85