Assuming that the probability of engine malfunction of the MH 370 flight was determined to be 25%, the potential impact of any risk event occurring was rated to be 3 and the difficulty with detecting this malfunction was 5. As the risk engineer overseeing the installation, calculate the risk value, using FMEA. Select one: O a. 3.75 O b. 62.5 O c. 375 O d. 6.25

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter14: Quality And Environmental Cost Management
Section: Chapter Questions
Problem 27E: Using the Taguchi quality loss function, an average loss of 20 per unit is calculated. During the...
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Assuming that the probability of engine malfunction of the MH 370
flight was determined to be 25%, the potential impact of any risk event
occurring was rated to be 3 and the difficulty with detecting this
malfunction was 5. As the risk engineer overseeing the installation,
calculate the risk value, using FMEA.
Select one:
a.
3.75
O b. 62.5
Oc.
O c. 375
O d. 6.25
Transcribed Image Text:Assuming that the probability of engine malfunction of the MH 370 flight was determined to be 25%, the potential impact of any risk event occurring was rated to be 3 and the difficulty with detecting this malfunction was 5. As the risk engineer overseeing the installation, calculate the risk value, using FMEA. Select one: a. 3.75 O b. 62.5 Oc. O c. 375 O d. 6.25
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