Question: Q#2 Design I or Design II Problem (you do by yourself?) Two designs are under consideration for manufacturing. Design I has two circuits A and

Q#2 Design I or Design II Problem (you do by

Q#2 Design I or Design II Problem (you do by yourself?) Two designs are under consideration for manufacturing. Design I has two circuits A and Bn series with the warrantee period reliability 0.8,0.7 respectively. Design II has also two circuits C and D, but in parallel with probability of failure 0.3,0.4 respectively. Costs of repairing circuits A,B,C,D are $12,$10,$40, and $30 respectively. Under the policy of replacing all defective circuits of a product during the warrantee period, which design is preferable for minimizing the total repair cost? (Any ethics questions here?) If Design I is used and 100 units of the product are sold; on the average, how many units can be repaired by replacing only the circuit B

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