Consider an extensive part with a reliability of 928 if the, Management Theories

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Consider an extensive part with a reliability of 928 if the

Question: Consider an extensive part with a reliability of 92.8%. If the part fails, it will cost the first $2,800. On each part, a backup can be installed that costs $80. What is the minimum allowable reliability for the backup that would make installing it worthwhile? Support your answer.

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Management Theories: Consider an extensive part with a reliability of 928 if the

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Management Theories: Consider an extensive part with a reliability of 928 if the

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