question archive answer the question in the attachment first then answer the following: (c)Your company loses $1, 000 for each day the machine is broken
answer the question in the attachment first then answer the following: (c)Your company loses $1, 000 for each day the machine is broken
Subject:MathPrice: Bought3
answer the question in the attachment first then answer the following:
(c)Your company loses $1, 000 for each day the machine is broken. It costs $x to fix the machine, either from state 3 or state 4. For what values of x is it more profitable to do the preventative maintenance at state 3? For what values of x is it more profitable to wait until the machine fails at state 4?
