4 (a) (1) Explain the term predictive maintenance and the importance of good records What advantages does preventive maintenance have over breakdown maintenance (b) Farlen & Halikman is a CPA firm specializing in payroll preparation. The fimm has been successful in automating much of its work, using high-speed printers for check processing and report preparation. The computerized approach, however, has problems. Over the past 20 months, the printers have broken down at the rate indicated in the following tablet 0 1 2 3 Number of Breakdowns Number of Months that 2 8 4 breakdowns Occurred Each time the printers break down, Farlen & Halikman estimates that it loses an average of $30%) in production time and service expenses. One alternative is to purchase # service contract for preventive maintenance. Even if Farlen & Halikman contracts for preventive maintenance, there will still be breakdowns. averaging one breakdown per month. The price for this service is $150 per month ( What is the best decision? (m) What is the best decision if the preventive maintenance contract cost increases to $195 per month