Question: What is the reliability of the present process? Provide reliability to three digits. 0.980 0.946 0.952 0.860 (0.798 0.985 0.942 0.830 RELIABILITY A certain company
What is the reliability of the present process? Provide reliability to three digits. 0.980 0.946 0.952 0.860 (0.798 0.985 0.942 0.830 RELIABILITY A certain company produces 8,000 tables per year in a three-step process. The cost to produce one table is $135. The three steps in the process employ machines with the reliabilities listed here: Step A - 0.985 Step B -0.980 Step C -0.860 Question #6 What is the reliability of the present process? Provide reliability to three digits, h Question #7 How many defects does this process presently produce annually? Round up to get a whole number Question #8 The company can choose to buy a back-up machine for Step C for an additional $27,000. The back-up would also have a reliability of 0.860, just like the one that is presently used. If they decide to get this back-up machine what will the new reliability of the system be? Assume that once a machine malfunctions, the process continues to produce product, acceptable and defective. THREE decimal places
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