1)
True - The reliability of a series subsystem is expressed as the product of the reliabilities of the individual contributors to the series.
For Series Components with reliability R1, R2, ..., Rn , the reliability of the whole system is,
R = R1 x R2 x .... x Rn
2)
False - The "Playback Period" decision making method does not takes into account the time value of money. It treats all all cash flows as equal though they occur in different periods.
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