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GMS 401 (200)
Chapter 4

# GMS401- Supplement to Chapter 4- Reliability.docx

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School
Ryerson University
Department
Global Management Studies
Course
GMS 401
Professor
Sam Lampropoulos
Semester
Fall

Description
GMS401- Supplement to Chapter 4- Reliability Introduction  Reliability- ability of a product or part to perform its intended function under a prescribed set of conditions o Used in 2 ways when activated or for a given length in time  One point in time product or part must operate for one time e.g. missile  Length of service e.g. car Finding probability of functioning when activated  2 rules to determine whether a given product will operate successfully o If two or more events are independent and “success” is defined as the occurrence of all of the events, then the probability of sucsess P is equal to the product of the probabilities of the events occurring  Redundancy- the use if backup components to increase reliability o If two or more events are independent and “success” is defined as occurrence of at least one of the events, then the probability of sucsess P is equal to 1 – probability that none of the events will occur, i.e.,11 (1 2 )(1 3 )(1 P ). . . . Sis 1ifying, P P (1 . . . P1) P2(1 P 1 (1 P2) P3 Finding pro
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