Another issue ABC is facing is reliability of their products, in part because they are manufacturing increasingly complex products. One such product is designed and manufactured with five different subassemblies combined in series. It was determined through testing that those subassemblies have reliabilities, which are R1, R2, R3, R4, and R5; of .997, .998, .995, .999, and .990, respectively (refer to the Question 3 Flowchart). ABC's president has asked you what the reliability of the overall product (RP) is, given those subassembly reliabilities utilized in series.
1. Analyze this operations management issue.
2. Provide the algebraic equation (using RP, R1, R2, R3, R4, and R5 as variables) for this analysis.
3. Calculate and provide the overall product reliability, given those subassemblies utilized in series.