Q6 (a) (b) (c) HighFish Marine manufactures diesel engines for small commercial boats and shrimp trawlers. One of their CNC machines has caused several problems. Over the past 30 weeks, the machine has broken down, as indicated in Table Q6. Table Q6: The frequency and number of breakdowns per week Number of breakdowns per week Frequency (Number of weeks that breakdowns occurred) 0 2 8 3 4 5 Each time the machine breaks down, the company loses about $3,000. If the company implements preventive maintenance, it can reduce the number of breakdowns by 50%. Calculate the expected number of breakdowns. 4 7 S S 1 Calculate the expected cost of breakdowns per week with breakdown maintenance. The weekly cost of preventive maintenance is RM4500. Does preventive maintenance cost a practical option? Justify your answer.
Q6 (a) (b) (c) HighFish Marine manufactures diesel engines for small commercial boats and shrimp trawlers. One of their CNC machines has caused several problems. Over the past 30 weeks, the machine has broken down, as indicated in Table Q6. Table Q6: The frequency and number of breakdowns per week Number of breakdowns per week Frequency (Number of weeks that breakdowns occurred) 0 2 8 3 4 5 Each time the machine breaks down, the company loses about $3,000. If the company implements preventive maintenance, it can reduce the number of breakdowns by 50%. Calculate the expected number of breakdowns. 4 7 S S 1 Calculate the expected cost of breakdowns per week with breakdown maintenance. The weekly cost of preventive maintenance is RM4500. Does preventive maintenance cost a practical option? Justify your answer.
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...
Related questions
Question
management
please answer as soon as possible

Transcribed Image Text:Q6 HighFish Marine manufactures diesel engines for small commercial boats and shrimp
trawlers. One of their CNC machines has caused several problems. Over the past 30 weeks,
the machine has broken down, as indicated in Table Q6.
Table Q6: The frequency and number of breakdowns per week
Number of breakdowns per
week
(a)
Frequency (Number of weeks
that breakdowns occurred)
(b)
0
8
2
3
4 5 7
4
5.
S
Each time the machine breaks down, the company loses about $3,000. If the company
implements preventive maintenance, it can reduce the number of breakdowns by 50%.
Calculate the expected number of breakdowns.
1
Calculate the expected cost of breakdowns per week with breakdown maintenance.
(c) The weekly cost of preventive maintenance is RM4500. Does preventive maintenance
cost a practical option? Justify your answer.
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 4 steps

Recommended textbooks for you

Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,

Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education

Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,

Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education


Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning

Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.