A component in a system is placed into service where it operates until its failure whereupon:
1. What factors influence the lifespan of the component in operation?
2. Is there a predetermined or expected lifespan for the component, or is it subject to unpredictable failure?
3. How does the failure of this component impact the overall functionality and reliability of the system?
4. Are there maintenance or monitoring practices in place to assess the health of the component during its operational phase?
5. Discuss any safety measures or redundancy strategies implemented to mitigate the consequences of component failure.
Provide a comprehensive overview of the scenario, addressing factors related to the operational life, failure, and potential impact on the system.