Question: 9.18. Consider Example 9.8. Suppose that the operator is paid C3 dollars/hour while the machine is operating and C4 dollars/hour (C4 < C3) for the

9.18. Consider Example 9.8. Suppose that the operator is paid C3 dollars/hour while the machine is operating and C4 dollars/hour (C4 < C3) for the remaining time he has been hired after the machine has failed. Again determine for what value of H (the num- ber of hours the operator is being hired), the expected profit is maximized.

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