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Author Question: Tiger Island Fabricators, which builds offshore oil platforms, has been experiencing problems with ... (Read 43 times)

michelleunicorn

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Question 1

A system has six components in series. Each component has a reliability of 0.99. What is the reliability of the system?

Question 2

Tiger Island Fabricators, which builds offshore oil platforms, has been experiencing problems with its profiling machine, a computer-driven device that cuts the ends of pipe so that it can be welded to another pipe, as shown in the data below.

Number of breakdowns012345
Breakdown frequency222671

Each time a machine breaks down, the company loses about $3,000. If the company implements preventive maintenance, it will be able to reduce the number of breakdowns to one per month. Preventive maintenance costs would be $500 a month. Is preventive maintenance a cost-effective option?


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Marked as best answer by michelleunicorn on Dec 3, 2019

14vl19

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michelleunicorn

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Reply 2 on: Dec 3, 2019
Great answer, keep it coming :)


nanny

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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