Determine the optimum preventive maintenance frequency for each of the pieces of equipment if breakdown time is

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Determine the optimum preventive maintenance frequency for each of the pieces of equipment if breakdown time is normally distributed:

Equipment Average Time (days)

between Breakdowns Standard Deviation A201 20 2 B400 30 3 C850 40 4 Equipment Preventive Maintenance Cost Breakdown Cost A201 $300 $2,300 B400 $200 $3,500 C850 $530 $4,800

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Operations Management

ISBN: 9781260575712

14th Edition

Authors: William J Stevenson

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