Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Approximation is alright:

Find the MTBF for a product that will have a minimum cost over a 5 year period if the product will be operated 5,000 hours per year where, TC for 5 yrs = Sys cost + spare avg cost ($2,000) + downtime with failure cost ($20,000) The System cost is related to MTBF, (theta) Sys cost(theta) = (theta)*e^(0.03*theta)

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M944256

Have any Question?


Related Questions in Statistics and Probability

Determine the internal rate of return for a project that

Determine the internal rate of return for a project that costs -$149,500 and would yield after-tax cash flows of $23,000 the first year, $25,000 the second year, $28,000 the third year, $30,000 the fourth year, $34,000 t ...

The population standard deviation for the height of high

The population standard deviation for the height of high school basketball players is 2.3 inches. If we want to be 95% confident that the sample mean height is within 0.5 inch of the true population mean height, how many ...

As an experiment the investigators decided to take two

As an experiment, the investigators decided to take two measurements on the patient. One measurement will be made using the precise machine (withσI= 5) and the other will be made using the less precise machine (withσII= ...

Last year a technology company bought one million in shares

Last year a technology company bought one million in shares of a GM stock at €40 per share and sold it one year later at €50. The spot exchange rate one year ago was $1.40 = €1 and the spot rate prevailing at the end of ...

Many manufacturing problems involve the accurate matching

Many manufacturing problems involve the accurate matching of machine parts, such as shafts, that fit into a valve hole. A particular design requires a shaft with a diameter of  22.000  mm, but shafts with diameters betwe ...

1 explain the meaning of the following termslocation

1) Explain the meaning of the following terms: Location Quotient Coefficient of Specialization Coefficient of Localization 2) Explain and contrast the z-score and the coefficient of variation. 3) Define and describe the ...

A sample of 100 people is classified by gender malefemale

A sample of 100 people is classified by gender (male/female) and by whether they are registered voters. The sample consists of 80 females and 20 males, and has a total of 60 registered voters. If these data are used for ...

On a correlation matrix you will usually see two values per

On a correlation matrix, you will usually see two values per comparison. The top value for a correlation measurement will be the Pearson correlation, right under that you will see a p-value. I understand when you have a ...

A sample of 175 randomly selected students found that the

A sample of 175 randomly selected students, found that the proportion of students planning to travel home for thanksgiving is 0.64 What is the standard deviation of the sampling distribution.

A sample of 100 randomly selected students found that the

A sample of 100 randomly selected students found that the proportion of students planning to travel home for Thanksgiving is 0.68. What is the Standard Deviation of the sampling distribution?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As