Every time a machine breaks down at the Dynaco Manufacturing Company (Problem 3), either1, 2, or 3 hours are required to fix it, according to the following probability distribution:Repair Time (hr.) Probability1 .302 .503 .201.00 If it costs $50 per hour to repair a machine when it breaks down (including lost productivity), determine the average weekly breakdown cost.

Question

Every time a machine breaks down at the Dynaco Manufacturing Company (Problem 3), either
1, 2, or 3 hours are required to fix it, according to the following probability distribution:
Repair Time (hr.) Probability
1 .30
2 .50
3 .20
1.00 If it costs $50 per hour to repair a machine when it breaks down (including lost productivity),
determine the average weekly breakdown cost.

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