Please Solve In 15mins I will Thumbs-up Determine the optimum preventive maintenance frequency for each of the pieces of equipment if breakdown time is normallydistributed: (Round "Probability Ratio" to 4 decimal places, and all other answers to 2 decimal places. Negative values should beindicated by a minus sign.)Use Table.EquipnentA201Average Time (days)between BreakdovnsStandardDeviation2.22B4003148CasePreventiveMaintenance Cost$360$260$610BreakdownEquipmentA2018400CRSOCost$2,260$3,560$4,900Click here for the Excel Dota FileEqupmentProbabity RatioIntervial (days)A201B400Ca50

Probability ratio = Preventive cost / breakdown cost Interval = Average time + (z x standard…

Determine the optimum preventive maintenance frequency for each of the pieces of equipment if breakdown time is normally distributed: (Round "Probability Ratio" to 4 decimal places, and all other answers to 2 decimal places. Negative values should be indicated by a minus sign.) Use Table Average Time (days) between Breakdovns Standard Deviation Equipnent A201 8400 C850 22 31 48 Equipment A201 8400 CAS0 Preventive Maintenance Cost $360 $260 $610 Breakdoun Cost $2,260 $3,560 $4,900 Click here for the Excel Dota Eile Equpment Probability Ratio Intervil (days) A201 B400 C850

Determine the optimum preventive maintenance frequency for each of the pieces of equipment if breakdown time is normally distributed: (Round "Probability Ratio" to 4 decimal places, and all other answers to 2 decimal places. Negative values should be indicated by a minus sign.) Use Table Average Time (days) between Breakdovns Standard Deviation Equipnent A201 8400 C850 22 31 48 Equipment A201 8400 CAS0 Preventive Maintenance Cost $360 $260 $610 Breakdoun Cost $2,260 $3,560 $4,900 Click here for the Excel Dota Eile Equpment Probability Ratio Intervil (days) A201 B400 C850

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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