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MATH 540 Week 3 Assignment 1 WordDoc
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First of all daily loss of revenue was determined for one year with the help of average daily number of copies times $0.10 charged per copy. The average number of copies is those copies which will be losing the sale due to time it will take to fix the machine. Once daily loss of revenue were determined due to repair time of copier, average annual loss of revenue were determined by taking the sum of daily loss of revenue divided by cumulative time of 365 days which is one year by 52 weeks of year. 

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