A good practice in selection of components is to select standard parts. The valid reasons include:
I. Standard parts are generally proven and at a cost advantage.
II. Use of standard parts sometimes reduces the number of different parts.
III. Standard parts are usually more technically innovative.
IV. Standard parts might prevent inventory expansion.
V. Standard parts usually are free from schedule concerns.
Response:

• A.I, II, IV, V
• B.II, III, IV, V
• C.All of the above.
• D.I, II, III

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Which of these terms is commonly used as the probability of rejecting material produced at an unacceptable quality level?
Response:

• A.β only
• B.α only
• C.1 - β only
• D.1 - α only

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The use of PERT requires:
Response:

• A.Less data than a Gantt chart.
• B.Slack times to be added to the critical path.
• C.The critical path to be known in advance.
• D.Time estimates for each activity in the network.

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What is the reliability of the logic diagram to the below?
(Assume statistical independence of all 3 components)

Response:

• A.0.994
• B.0.996
• C.0.94
• D.0.9905

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Some keys to a successful reliability program include:
I. An evolutionary approach to new product development
II. Emphasis on manufacturing conformance to specifications
III. Development of strong long-term relationships with a small number of suppliers IV. The use of standards for guidance and lessons learned Response:

• A.I, II, III and IV
• B.I, III and IV only
• C.I and IV only
• D.II, III and IV only

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