Define a threshold in which replacement

Assignment Help Basic Statistics
Reference no: EM132372932

Service level determinations help the competent facility manager define a threshold in which replacement is preferred over continued maintenance. Which of the following actions directly helps the facility manager determine that threshold?

Select two.

Sampling a subset of data to build confidence in overall life-cycle costing accuracy

Reducing service levels to save costs as equipment or systems age

Forecasting the future costs of maintaining an asset at a pre-determined service level against savings produced through replacement

Replacing systems, equipment, or components as warranty periods, extended warranty periods or fixed maintenance contracts expire

Reference no: EM132372932

Questions Cloud

Describe best practices that a project manager : Describe best practices that a project manager should follow to ensure the contract is able to be closed and the stakeholders are satisfied.
Develop skills which you will be able to transfer : Discuss two life or work experiences that you feel have enabled you to develop skills which you will be able to transfer to your professional career.
How to make a wbs of at least three levels : How to make a WBS of at least three levels (1.1.1) for a project to host an event to raise money for your community
Quid pro quo system between the manager : The transactional leadership style is one that creates a very specific quid pro quo system between the manager and their employee.
Define a threshold in which replacement : Service level determinations help the competent facility manager define a threshold in which replacement is preferred over continued maintenance
What are 3 challanges team members : What are 3 challanges team members can face when they work on projects that have multiple project sponsors and flexible schedules?
Why is critical thinking a key trait for a team member : Why is critical thinking a key trait for a team member working on a project?
Why are communication skills essential trait : Why are communication skills essential trait for a team member working on a project?
Determine the risk of radiation pneumonitis for logit models : Determine the risk of radiation pneumonitis (lung damage) for the logit models for the fractionation schedules presented in question 1

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd