SOLVED : articlewritingcafe.net – Which option would be more cost-effective? Currently, the average time between failures is 100 hours and the average repair time is 4 hours./2022

SOLVED : articlewritingcafe.net –

A designer estimates that she can (a) increase the average time between failures of a part by

 

5 percent at a cost of $450, or (b) reduce the average repair time by 10 percent at a cost of $200.

 

Which option would be more cost-effective?

 Currently, the average time between failures is

100 hours and the average repair time is 4 hours.