Great Southern Consultants Group's computer system has been down several times over the past few months,as shown below.
Each time the system is down,the firm loses an average of $400 in time and service expenses.They are considering signing a contract for preventive maintenance.With preventive maintenance,the system would be down on average only 0.5 per month.The monthly cost of preventive maintenance would be $200 a month.Which is cheaper,breakdown or preventive maintenance?
Definitions:
Confidence
A feeling or belief that one can rely on someone or something; firm trust.
Billing Process
The process of issuing invoices to customers for goods or services, tracking the payment status, and managing receivables.
Defect Rate
The percentage of products or services that fail to meet quality standards out of the total produced or delivered.
Confidence
A person's belief in their own abilities or in the likelihood of a positive outcome.
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