Acme inc. has a mission statement that is open to interpretation. many stakeholders identify with it. their mission statement is
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A cylindrical part of diameter d is loaded by an axial force p. this causes a stress of P/A, where A= πd²/4. if the load is known with an uncertainty of ±10 percent, the diameter is known within ±5 percent (tolerances), and the stress that causes failure (strength) is known within ±15 percent, determine the minimum design factor that will guarantee that the part will not fail.
Answer:
the minimum design factor that will guarantee that the part will not fail. = 1.434
Explanation:
Looking at the uncertainty; loss of strength must be raised to due to the stress that causes the failure (strength) is known within ±15% uncertainty.
Looking at the uncertainty; the maximum allowable load must be reduced to because the load is known with an uncertainty of ±10.
Looking at the uncertainty; the diameter must be raised to because the diameter is known within an uncertainty of ±5.
The decrease in the maximum allowable stress can be estimated as:
where,
stress
P = load
A = cross-sectional area of the cylinder
∴
replacing P' with and d' with
, we have:
Thus, the uncertainty in diameter and the load of the allowable stress needs to decrease to 0.82045
Now, the minimum design factor that will ascertain that the part will not fail can be computed as:
where;
the design factor =
the design factor = 1.434.
Thus, the minimum design factor that will guarantee that the part will not fail. = 1.434
Answer:
$1,061.28
Explanation:
We need to calculate the present value of the bond using the minimum effective rate of 7.1225%
First we calcualte the present value of an annuity of $80 for 10 years
PV = $558.72
Then we calculate the $1,000 in 10 years present value
PV = $502.57
Then we add both values
$502.57 + $558.72 = $1,061.28
This will be the present value AKA market price which yields the minimun rate of 7.1225%