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A Florida lottery machine and printer at Store #8302 operates 360 days a year. If the machine does not work and breaks down, it costs

A Florida lottery machine and printer at Store #8302 operates 360 days a year. If the machine does not work and breaks down, it costs the Florida Lottery Commission $1,930 per day. If store employees are trained to perform local tests on the machine each day plus the costs of machine repairpersons, these preventive maintenance costs average $850 per day. If preventive maintenance is performed daily, the probability the equipment fails is zero. The probability of store lottery machine breakdown is as follows.

Number of Lottery
Machine Breakdowns per Day 0 1 2
Probability of a breakdown 1/3 1/3 1/3

What are the economics of the situation? Do not round intermediate calculations. Round your answers to the nearest dollar.

The expected cost of a breakdown per day is $ ??

The Florida Lottery Commission saves ?????? per year performing preventive maintenance daily.

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