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
LO.1
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