1. Which of the following is closest to the value for percent change in labor productivity for Japan from 2013 to 2014?
3%
-2%
5%
1%
2. Which plant experienced the best change in total productivity from 2013 to 2014?
Japan
USA
3. A manufacturer has designed a product. This product has four components (Components A, B, C, and D). The reliability probabilities associated with each product are:
A: 0.9
B: 0.75
C: 0.8
D: 0.6
a) What is the probability that this product will be reliable?
b) The manufacturer can afford to modify the product to incorporate redundancy in one of the components. Which of the components should be selected and why?
c) If component C were to receive a redundant backup with a reliability probability of 0.6, what would be the reliability of the product? What would be the failure probability?
d) If each component were to receive a redundant backup with a reliability probability of 0.5, what would be the reliability of the product? What would be the failure probability?