Calculate the total savings

Assignment Help Operation Management

Reference no: EM13106355

Tahiti Manufacturing recently purchased a new machine. The maintenance contractor recommended that this model should receive maintenance every 3,000 - 6,000 hours of operation. If each maintenance check costs $220 and is expected to provide 30,000 hours of service, what is the total savings of scheduling maintenance every 6,000 hours over 3,000 hours?

Reference no: EM13106355

Questions Cloud

Evaluate confidence intervals : A Variable has a mean of 100 and a standard deviation of 16. Four observations of this variable have a mean of 108 and a sample standard deviation of 12. Test whether the sample has been drawn from the population.

Calculate the future worth of total revenue : Buckeye Manufacturing expects to generate additional revenue from its recently won government contract. Buckeye forecasts that the revenue will be $40 million in the first year.

Calculate the average velocity of the plane : The first controlled, sustained flight in a heavier-than-air craft was made by Orville Wright on December 17, 1903. The plane took off at the end of a rail that was 60 feet long, and landed 12 seconds later, 180 feet away from the beginning of the..

Comparisons involving proportions and test of independence : Does age make a difference in the amount of savings a worker feels is needed to be secure at retirement? Suppose 210 workers in the 25-33 age category and 176 workers in the 34-52 age category were involved in this study.

Calculate the total savings : Tahiti Manufacturing recently purchased a new machine. The maintenance contractor recommended that this model should receive maintenance every 3,000 - 6,000 hours of operation.

How many minutes would elapse until the earth went dark : Light travels at a constant speed of 3.0×108 m/s in a vacuum. (a) It takes light about 1.3 seconds to travel from the Earth to the Moon. Estimate the distance of the Moon from the Earth's surface, in meters.

Techniques to enhance less-developed areas or intelligences : Strongest intelligences to function best in distance learning environment? Which techniques may you use to enhance less-developed areas or intelligences?

Discuss porter industry analysis forces : THE FUTURE OF GAP, INC. CASE ABSTRACT Founded in 1969 by Donald Fisher, Gap, Inc. was a leading specialty retailer operating primarily in North America offering clothing, accessories, and personal care products under the Gap, Banana Republic, and Old..

What is the diameter of the needle : You find an unlabeled box of fine needles, and want to determine how thick they are. A standard ruler won't do the job, since all you can tell is that each needle is less than a millimeter thick.

User Account

All Pages