Operations Management - Reliability
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A CD player has 3 components that all must function for the player to work. The average reliability of each component is 0.86. What is the reliability of the CD player?
(Round your answer to 4 decimal places, the tolerance is +/-0.0005)
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Solution Summary
In this solution we calculate the reliability of a CD player given the average reliability of three key components of the CD player.
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Ans: 0.6361
Explanation
It is given that the average reliability ...
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