A production line has three machines A, B, and C, with reliabilities of .90, 95, and .98, respectively. The machines arearranged so that if one breaks down, the others must shut down. Engineers are weighing two alternative designs forincreasing the line's reliability. Plan 1 involves adding an identical backup line, and plan 2 involves providing a backup foreach machine. In either case, three machines (A, B, and C) would be used with reliabilities equal to the original three.a. Compute overall system reliability under Plan 1. (Round your intermediate calculations and final answer to 4 decimalplaces.)b. Compute overall system reliability under Plan 2. (Round your intermediate calculations and final answer to 4 decimalplaces.)c. Which plan will provide the higher reliability?

The above-given question is to calculate the reliability of the plan according to the given data.…

Answered: A production line has three machines A,…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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True or False The decision made during the design process have a great effect on the cost of a product, but the cost is expensive. Product cost can be committed any time during the design process.
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Give typed full explanation
58 PROBLEM 16.18 A prototype rotating bicycle rack is designed to save space at a train station. The combined weight of platform BD and the bicycle is 40 lbs and is centered at 1 ft. above the midpoint of the platform. The motor at A causes the support beam AB to have an angular velocity of 10 rpm and zero angular acceleration at 0 30°. At this instant, determine the vertical components of the forces exerted on platform BD by the pins at B and D.
A company is considering three vendors for purchasing a CRM system: Delphi Inc., CRM International, and Murray Analytics. The costs of the system are expected to depend on the length of time required to implement the system, which depends on such factors as the amount of customization required, integration with legacy systems, resistance to change, and so on. Each vendor has different expertise in handling these things, which affect the cost. The costs (in millions of $) are shown below for short, medium, and long implementation durations. Use the Excel template Decision Analysis to identify what vendor to select. Decision Alternative Short Medium Long Delphi Inc. $4.00 $5.50 $8.00 CRM International $6.00 $4.25 $6.50 Murray Analytics $4.50 $5.00 $7.20 Fill in the table below for maximum and minimum costs under each alternative. Carry out an analysis considering costs as negative numbers. Round your answers to the nearest cent. Decision Alternative Maximum Minimum…
Ronald Lau, chief engineer at South Dakota Electronics, has to decide whether to build a new state-of-the-art processing facility. If the new facility works, the company could realize a profit of $200,000. If it fails, South Dakota Electronics could lose $180,000. At this time, Lau estimates a 60% chance that the new process will fail. The other option is to build a pilot plant and then decide whether to build a complete facility. The pilot plant would cost $10,000 to build. Lau estimates a 50 - 50 chance that the pilot plant will work. If the pilot plant works, there is a 90% probability that the complete plant, if it is built, will also work. If the pilot plant does not work, there is only a 20% chance that the complete project (if it is constructed) will work. Lau faces a dilemma. Should he build the plant? Should he build the pilot project and then make a decision? Help Lau by analyzing this problem. Px
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Article to refer for the question below; Robot- delivered Jajangmyeon NoodlesSoon in Seoul’s near future, citizens will be able to order jajangmyeon Chinese-Korean noodles, buy medicine and shop for magazines at home and have them delivered by a robot in half an hour. Kim Bong-jin, the founder of South Korea’s biggest food-delivery app, is betting that autonomous gadgets the size of a small cooler will help his Baedal Minjok delivery service keep a grip on a market filled with new entrants. The goal is to cut costs, reduce delivery-related accidents and cope with a labour shortage in one of the world’s fastestaging nations. Kim is confident that his Dilly robots will start deliveries within three years.Woowa Brothers Corp, the company behind Baedal Minjok, raised US$320mil from Hillhouse Capital, Sequoia Capital and GIC in the US to help develop a prototype that’s set to roll out soon. The goal is to tap into a global service robotics market projected to almost triple to US$29.8bil by…

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