Examlex

Solved

The Frequency of Breakdown of a Piece of Equipment Per

question 31

Essay

The frequency of breakdown of a piece of equipment per month is shown in the table.The cost of a breakdown is $1,000 and the cost of preventive maintenance is $2,000 per month.Assume that the equipment breakdown can be avoided if preventive maintenance is performed.Should the manager use preventive maintenance,or would it be better to fix the equipment when it breaks down?
The frequency of breakdown of a piece of equipment per month is shown in the table.The cost of a breakdown is $1,000 and the cost of preventive maintenance is $2,000 per month.Assume that the equipment breakdown can be avoided if preventive maintenance is performed.Should the manager use preventive maintenance,or would it be better to fix the equipment when it breaks down?


Definitions:

Coping

Coping entails the strategies and behaviors individuals use to manage stress, challenges, and emotional discomfort in an effort to preserve mental health.

Stress

A state of mental or emotional strain or tension resulting from adverse or demanding circumstances.

Adaptation-level Phenomenon

The psychological process by which individuals adjust their expectations based on their previous experiences.

Learned Helplessness

A condition in which a person suffers from a sense of powerlessness, arising from a traumatic event or persistent failure to succeed, leading to decreased motivation and learning capacity.

Related Questions