Flight in Waukegan, IL
Hi Kevin I heard nice thing about you I'm wonder if u can help me with this question.
An aircraft control actuator is part of the flight control system that enables an airplane to fly. It is important that the actuators are reliable. Reliability can be defined as the probability a system is functioning, so it is a number between and 1. The development and installation cost as a function of reliability equals [$1560+ $12898*(In R)], which will be paid immediately. Maintenance on the actuator will occur in year 3 and in year 6. In each year the maintenance cost as a function of reliability R is [$1190/ln(1.45R)]. Assume the interest rate is 9%.
What is the difference in discounted lifecycle costs ($) if the reliability is 0.91 and 0.99? Enter your answer as a positive number. NOTE: A decision maker who is responsible for determining what the reliablility should be for the actuator can consider whether increasing the reliability is worth the additional cost."
Sent by Mohammed on 11/7/17
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