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Each unit of a product requires five components. The average number of componesnts is 5 . 5 0 to component failure. Purchasing higher - quality
Each unit of a product requires five components. The average number of componesnts is to component failure. Purchasing higherquality componenst can reduce the average number of components to five per unit. The current cost per somponesnt is $ Calculate the reduction in failure costs per unit due to purchasing higherquality components.
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