In: Operations Management
Problem 3.1: Reliability. Suppose that I have the following three-step system, with the listed reliabilities:
Step 1: .60 Step 2: .90 Step 3: .80
1a) I have to run the system two times in a row, and all steps must work both times. What is its reliability?
1b) Suppose that I have the following two upgrades in mind:
Option A: The system will still work as long as it is reliable at least one of the two times.
Option B: The system must still work both times, but I’ve added a backup to Step 3 that also has reliability of 0.8.
Assume that cost is not a factor: which gives me better reliability?
1.a) The reliability in this case is found out as 0.187
1.b) Option A : The reliability in this case is found out as 0.677
Option B : The reliability in this case is found out as 0.269
So option a gives more reliability.
All the steps and calculations for the above solutions are given below :
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