Question
In: Statistics and Probability
The engine manufacturer has observed that their engine control modules (ECM) fail as a direct function...
The engine manufacturer has observed that their engine control modules (ECM) fail as a direct function of how many hours they are active. The mean time between failures for the ECM is 50,000 operating hours. Accounting has determined that the company cannot profitably afford to pay for the repair of more than 12% of the ECM modules produced.
What do you estimate to be the maximum acceptable warranty
period (in operating hours) so that the company does not end up
having to exceed the guidance for acceptable fraction of units
repaired under warranty?
Solutions
orchestra answered 2 years agoRelated Solutions
The engine manufacturer above has observed that their engine control modules (ECM) fail as a direct...
The engine manufacturer above has observed that their engine
control modules (ECM) fail as a direct function of how many hours
they are active. The mean time between failures for the ECM is
50,000 operating hours. Accounting has determined that the company
cannot profitably afford to pay for the repair of more than 12% of
the ECM modules produced.
Question: What do you estimate to be the
maximum acceptable warranty period (in operating hours) so that the
company does not...
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Lakeview Engine, Inc., produces engines for the watercraft industry. An outside manufacturer has offered to supply...
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A electronics manufacturer has developed a new type of remote control button that is designed to...
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