Business, 02.12.2020 16:50 bransom4206
Riley operates a plumbing business, and this year the three-year-old van he used in the business was destroyed in a traffic accident. The van was originally purchased for $20,200 and the adjusted basis was $5,775 at the time of the accident. Although the van was worth $6,020 at the time of accident, insurance only paid Riley $1,225 for the loss. What is the amount of Riley's casualty loss deduction
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Aproduction line has three machines a, b, and c, with reliabilities of .96, .86, and .85, respectively. the machines are arranged so that if one breaks down, the others must shut down. engineers are weighing two alternative designs for increasing the line’s reliability. plan 1 involves adding an identical backup line, and plan 2 involves providing a backup for each machine. in either case, three machines (a, b, and c) would be used with reliabilities equal to the original three. a. compute overall system reliability under plan 1. (round your intermediate calculations and final answer to 4 decimal places.) reliability b. compute overall system reliability under plan 2. (round your intermediate calculations and final answer to 4 decimal places.) reliability c. which plan will provide the higher reliability? plan2plan1
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Riley operates a plumbing business, and this year the three-year-old van he used in the business was...
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