ENTREPRENEURIAL OPERATIONS
INVENTORY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It is the probability that aproduct, system, or service will perform it’sintended function adequately for a specifiedperiod of time or will operate without failure.
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reliability
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financial security
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supplier selection process
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None of the above
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Explanation:
Detailed explanation-1: -Reliability is defined as the probability that a product, system, or service will perform its intended function adequately for a specified period of time, or will operate in a defined environment without failure.
Detailed explanation-2: -Reliability is a measure of the probability that the system will perform without failure over a specific interval, under specified conditions.
Detailed explanation-3: -Reliability is the probability that an engineering system will perform its intended function satisfactorily (from the viewpoint of the customer) for its intended life under specified environmental and operating conditions.
There is 1 question to complete.