Question: A Florida lottery machine and printer at Store # 8 3 0 2 operates 3 6 0 days a year. If the machine does not
A Florida lottery machine and printer at Store # operates
days a year. If the machine does not work and breaks down, it
costs the Florida Lottery Commission $ per day. If store
employees are trained to perform local tests on the machine each
day plus the costs of machine repairpersons, these preventive
maintenance costs average $ per day. If preventive maintenance
is performed daily, the probability the equipment fails is zero.
The probability of store lottery machine breakdown is as
follows.What are the economics of the situation? Do not round
intermediate calculations. Round your answers to the nearest
dollar.The expected cost of a breakdown per day is $The Florida Lottery Commission saves $ per year
performing preventive maintenance daily.
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What are the economics of the situation? Do not round intermediate calculations. Round your answers to the nearest dollar.
The expected cost of a breakdown per day is $
The Florida Lottery Commission saves $ per year performing preventive maintenance daily.
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