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Business, 29.10.2020 17:00 Tcareyoliver

Suppose that the average time before breakdown is normally distributed with a mean of 2.5 weeks and a standard deviation of .4 weeks. If breakdowns cost an average of $1,200 and preventive maintenance costs $800, what is the optimal maintenance interval

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Suppose that the average time before breakdown is normally distributed with a mean of 2.5 weeks and...
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