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A. Construct a table showing the marginal failure reduction (in units) and the dollar value of these reductions for each inspector hired.
Answer:
Number of quality control inspectors
Thermostat Failure rate (%)
Marginal failure reduction (units)
Dollar value of reduction/hired insp
0
1
2
3
4
5
5.0
4.0
3.2
2.6
2.2
2.0
6.4
7.8
8.8
10
B. How many inspectors should the firm hire?
C. How many inspectors should be hired if additional indirect cost (lost goodwill and so on) were to average 30 percent of direct replacement or repair costs?
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kyle is an english phd student there is some chance he will get a prestigious university job that will pay him
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