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"An aircraft control actuator is part of the flight control system that enables an airplane to...

"An aircraft control actuator is part of the flight control system that enables an airplane to fly. It is important that the actuators are reliable. Reliability can be defined as the probability a system is functioning, so it is a number between 0 and 1. The development and installation cost as a function of reliability equals [$1650+ $11038*(In R)], which will be paid immediately. Maintenance on the actuator will occur in year 4 and in year 8. In each year the maintenance cost as a function of reliability R is [$1320/ln(1.45R)]. Assume the interest rate is 8%.
What is the difference in discounted lifecycle costs ($) if the reliability is 0.92 and 0.98? Enter your answer as a positive number. NOTE: A decision maker who is responsible for determining what the reliablility should be for the actuator can consider whether increasing the reliability is worth the additional cost."

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vData 4 Development and étollaton Cost c. Haintonce Cost in Pv main tance CotYed 132 o 2- 32 O Tota Ccst 20 68TnR

solve the above equation Using Excel function solver we get R = 0.98

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