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Author Question: Suppose that a car mechanic offers you a deal that for the next 3 years any breakdowns will be ... (Read 41 times)

dbose

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on: Dec 3, 2019

Question 1

Consider a product that is "settled in." Its MTBF distribution has been found to be normal with a mean of 10,000 hours and a standard deviation of 100 hours. What is the probability of a breakdown before 8,000 hours? Before 9,000 hours? Would you prefer a policy of preventive maintenance, or a policy of breakdown maintenance, on this product? Explain your choice.

Question 2

Suppose that a car mechanic offers you a deal that for the next 3 years any breakdowns will be covered, so long as you bring your car in for $50 preventative maintenance sessions each month. If you predict the likelihood of a breakdown being 25% without the maintenance, how much must a breakdown cost for you to prefer the preventative maintenance?
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Marked as best answer by dbose on Dec 3, 2019

randomguy133

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Reply #1 on: Dec 3, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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dbose

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Reply 2 on: Dec 3, 2019
Thanks for the timely response, appreciate it

juliaf

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Reply 3 on: Yesterday
Wow, this really help

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