The frequency of breakdown of a machine that issues lottery tickets is given in the...
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The frequency of breakdown of a machine that issues lottery tickets is given in the following table Repairs cost an average of 233 A service firm is willing to provide preventive maintenance under either of two options 1 is 503 and covers all necessary repairs and 2 is 369 and covers any repairs after the first one Do not round intermediate calculations Round your final answer to the nearest whole number Number of breakdowns month Frequency of occurrence Click here for the Excel Data File Pay for all repairs Service option 1 Service option 2 0 1 2 3 4 10 30 25 15 20 Which option would have the lowest expected cost pay for all repairs service option 1 or service option 2 O Pay for all repairs O Service option 1
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