Suppose you own the reliability system which consists of two components connected in series, with first one having reliability of 0.93 and the second having .89.
A) Is it possible, by adding redundant components to raise the reliability of system to at least 0.95? If so discuss how.
B) If adding the component like the first one costs $50 and adding the component like the second one costs $48, Determine the most economical manner to raise the reliability to at least 0.95?