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You are supposed to answer all questions based on the theory from the literatu

You are supposed to answer all questions based on the theory from the literatu

Introduction.
You are supposed to answer all questions based on the theory from the literature and as discussed during the lectures. At each question, please state clearly how you arrived at the answer, based on which theory, which formulas you used, and (if applicable) where exactly the computations can be found in which work sheet of which Excel spreadsheet.
Please make and submit this homework before the deadline. For this homework , you have to submit the following material:
1. A single and well-structured Word document containing for each question: your answer with appropriate motivation and/or calculation method with reference to the specific parts of the literature that you used. The number of pages that you may use for your answers is given for each of the four parts of this assignment. Note that, we do not require a formal report with management summary, introduction, conclusions, recommendations etc.
2. An Excel spreadsheet for each part of the assignment containing your calculations: One work book for each question of the assignment, one work sheet within each work book for the calculations corresponding to each question (insofar necessary). The calculation method should be explained in the Word document, and you can add explanation of technical details as text boxes within your spreadsheet.
Case study: JET Engine maintenance
The jet engine represents the leading edge of technology, advanced manufacturing, quality control, design evaluation, and extensive testing. This machinery, with its new hardware and systems can achieve very high standards of reliability. Since the days of deregulation, the aviation industry has considered many methods, techniques, and procedures to reduce operational costs without hindering safety and reliability standards. A significant portion of these operational costs is the resource allocated to jet engine repairs. The jet engine has many failure modes that can cause the removal (failure) characteristics to have a substantial amount of variation in the expected time-on-wing (TOM). This causes inaccuracies in the jet engine lifetime estimation. For this reason, the industry needs to be able to accurately forecast engine removals.

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