A manager intends to order a new machine and must now decide on the number of spare parts to order along with the machine.The parts cost $400 each and have no salvage value.The manager has compiled a frequency distribution for the probable usage of spare parts,as shown.For what range of shortage costs would stocking one spare part constitute an optimal decision?
11eab92b_c486_ebad_99e6_55f248e63081

Question

A manager intends to order a new machine and must now decide on the number of spare parts to order along with the machine.The parts cost $400 each and have no salvage value.The manager has compiled a frequency distribution for the probable usage of spare parts,as shown.For what range of shortage costs would stocking one spare part constitute an optimal decision?
 11eab92b_c486_ebad_99e6_55f248e63081

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The Answer of A manager intends to order a new machine and must now decide on the number of spare parts to order along with the machine.The parts cost $400 each and have no salvage value.The manager has compiled a frequency distribution for the probable usage of spare parts,as shown.For what range of shortage costs would stocking one spare part constitute an optimal decision?
 11eab92b_c486_ebad_99e6_55f248e63081

A Manager Intends to Order a New Machine and Must