Question: 2. The following data was collected regarding breakdowns. What is your recommendation? The cost of a breakdown is $600. If we use preventative maintenance the
2. The following data was collected regarding breakdowns. What is your recommendation? The cost of a breakdown is $600. If we use preventative maintenance the cost of the maintenance contract will be $475 per month, with the guarantee of no more than 1.5 breakdowns per month.
| A | B | C | A*C |
| BREAKDOWNS | MONTHS | PROBABILTY | BREAKDOWNS |
| 0 | 3 | ||
| 1 | 5 | ||
| 2 | 7 | ||
| 3 | 11 | ||
| 4 | 9 | ||
| 5 | 2 | ||
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
