Task Students are required to develop a report addressing the specific exercises set out in the guideline below. Your report should be 2000-2500 words, excluding Title, Abstract, Table of contents. Bibliography and Appendices. Exercise 1. (50%) An important part of a production line has to be repaired. The industrial company is impacted by the stop of the production. Each day without producing costs the company $64 000. The maintenance team has only three possible options: Option 1 He can return the part to the supplier who has agreed to collect, repair, and return it for free. However, there is no compensation for any losses supported by the company because the machine is not working. The supplier will not agree to repair the machine if there has been a previous attempt to repair it. If the machine is returned, the supplier will guarantee to return it in working order in 5 days’ time.
Task Students are required to develop a report addressing the specific exercises set out in the guideline below. Your report should be 2000-2500 words,…