Given the schedule of failures by time and type,it is possible to figure out how much a blanket,or partial,warranty will cost the company.

Name: Given the schedule of failures by time and type,it is possible to figure out how much a blanket,or partial,warranty will cost the company.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

If the company has a schedule of failures by time and type, they can use that information to calculate the likelihood and cost of future failures, allowing them to accurately price a warranty program.

Given the Schedule of Failures by Time and Type,it Is