A company is trying to decide the number of maintenance crew members to keep on staff. Each crew member is paid $240/day regardless of whether there is work to be done. Each crew member is capable of repairing 2.8 jobs per day at a per-job cost of $80/repair (above and beyond their salary). If there are more repair jobs than the crew can handle, then they can be outsourced to a subcontractor at a rate of $225/repair. The number of repairs per day R has the density function.

A company is trying to decide the number of maintenance crew members to keep on staff. Each crew member is paid $240/day regardless of whether there is work to be done. Each crew member is capable of repairing 2.8 jobs per day at a per-job cost of $80/repair (above and beyond their salary). If there are more repair jobs than the crew can handle, then they can be outsourced to a subcontractor at a rate of $225/repair. The number of repairs per day R has the density function.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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