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Presentation on cost and system effectiveness
1. PRESENTATION ON COST AND
SYSTEM EFFECTIVENESS
Created by,
Prasanna Taware (1301005)
Chaitanya Panadare (1301010)
1
Reliability Engineering ISE 2
2. COST EFFECTIVENESS
It is form of economical analysis that compares the
relative cost and outcomes of two or more courses of
action.
Effectiveness tells us how well the product or system
satisfies the end over demands.
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3. SYSTEM EFFECTIVENESS
It is a analysis of overall considerations that consist of
design and manufacturing of the product.
It consist of following parameters
1. Capability
2. Operational availability
3. Safety
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