Asked by mikey sanchez on Jun 24, 2024

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Given the following data, find the expected breakdown cost. The cost per breakdown is $200.
 Number of breakdowns per week 01234 Weekly frequency 51210185\begin{array} { | l | c | c | c | c | c | } \hline \text { Number of breakdowns per week } & 0 & 1 & 2 & 3 & 4 \\\hline \text { Weekly frequency } & 5 & 12 & 10 & 18 & 5 \\\hline\end{array} Number of breakdowns per week  Weekly frequency 0511221031845

Breakdown Cost

The costs associated with analyzing and fixing a problem within a system or process.

  • Compute anticipated failure expenses using provided data.
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DH
Diana HenryJun 30, 2024
Final Answer :
 Number of breakdowns per week 01234 Total  Weekly Probability .10.24.20.36.101.00\begin{array} { | l | c | c | c | c | c | c | } \hline \text { Number of breakdowns per week } & 0 & 1 & 2 & 3 & 4 & \text { Total } \\\hline \text { Weekly Probability } & .10 & .24 & .20 & .36 & .10 & 1.00 \\\hline\end{array} Number of breakdowns per week  Weekly Probability 0.101.242.203.364.10 Total 1.00 Expected number of breakdowns = (0 ∗ .10) + (1 ∗ .24) + (2 ∗ .20) + (3 ∗ .36) + (4 ∗ .10) = 2.12
Expected cost of breakdowns = 2.12 ∗ $200 = $424.