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Author Question: Great Southern Consultants Group's computer system has been down several times over the past few ... (Read 74 times)

yoooooman

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Question 1

Given the following data, find the expected breakdown cost. The cost per breakdown is $100.

Number of breakdowns0123
Monthly frequency520232


Question 2

Great Southern Consultants Group's computer system has been down several times over the past few months, as shown below.

Number of breakdowns01234
Monthly frequency92441

Each time the system is down, the firm loses an average of $400 in time and service expenses. They are considering signing a contract for preventive maintenance. With preventive maintenance, the system would be down on average only 0.5 per month. The monthly cost of preventive maintenance would be $200 a month. Which is cheaper, breakdown or preventive maintenance?


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Marked as best answer by yoooooman on Dec 3, 2019

nixon_s

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yoooooman

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Reply 2 on: Dec 3, 2019
:D TYSM


scikid

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Reply 3 on: Yesterday
Wow, this really help

 

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