The profit P (in thousands of dollars) for a company spending an amount s (in thousands of dollars) on advertising is shown below.

P = − 1/10 s^3 + 15s^2 + 400

(a) Find the amount of money the company should spend on advertising in order to yield a maximum profit. s = thousands of dollars

(b) The point of diminishing returns is the point at which the rate of growth of the profit function begins to decline. Find the point of diminishing returns. s = thousands of dollars

step 1: create a plan

step 2: inventory facility equipment/assets

step 3: create preventive maintenance procedures

step 4: create preventive maintenance schedules

step 5: train your maintenanceteam

step 6: analyze – adjust - improve

or

step 1 – pm procedure design: doing the effective things

step 2 – pm procedure scheduling: efficient use of people and resources

step 3 – pm lubrication engineering

step 4 – pm training: back on the chain gang

step 5 – pm program management plan

step 6 – communicate, communicate, communicate

answer; closing the loop;

answer target market;