Home / My courses / COMM-225-2231-EC / Midterm 2 / Midterm 2 (Summer 2023) Question 23 Not yet answered Marked out of 2.00 7 Remove flag A manager intends to order a new machine and must now decide on the number of spare parts to order along with the machine. The parts cost $455 each and have no salvage value. The manager has compiled the frequency distribution for the probable usage of spare parts: 8 spare parts with frequency 0.07;9 spare parts with frequency 0.19;10 spare parts with frequency 0.1;11 spare parts with frequency 0.2 ; and 12 spare parts with frequency 0.44 . For what range of shortage costs would stocking 10 spare parts constitute an optimal decision ? a. Between 79.93and 128 b. Between 159.9and 255.9 c. Between 191.8and 307.1 d. Between 239.8and 383.9