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Mathematics, 11.01.2021 15:30 memeE15

The cost of a breakdown is $2,000, and the cost of a preventive maintenance program is $2,000 per month. If the preventive maintenance program is adopted, the probability of a machine breakdown is negligible. How much better off per month would the firm be if it adopted preventive maintenance

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The cost of a breakdown is $2,000, and the cost of a preventive maintenance program is $2,000 per mo...

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