Question: Great Southern Consultants Group's computer system has been down several times over the past few months, as shown below. Number of breakdowns Monthly frequency -

Great Southern Consultants Group's computer system has been down several times over the past few months, as shown below. Number of breakdowns Monthly frequency - Each time the system is down, the rm loses an ave-rage of $500 in time and service expenses. They are considering signing a contract for preventive maintenance. \\Mth preventive maintenance, the system would be down on average only 0.5 per month. The monthly cost of preventive maintenance would be $400 a month. Which is cheaper, breakdown or preventive maintenance
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
