Standby pump with annual capital and operating cost

Assignment Help Operation Management
Reference no: EM131230239

A certain manufacturing process requires a continuous supply of water. The water comes from a tank and is maintained at a constant level with a pump. Should the pump stop, an alarm sounds, and the tank has enough water to last 2.5 hours. Id the tank runs dry the process must be stopped, and the costis $8,000 per hour. Suppose the most common failure mode of the pump is a seized bearing. A bearing has a MTBF of 3 years and requires 4 hours to replace. It is possible to anticipate when a bearing is about to fail by checking the sound of the pump once a week. Such a bearing can be replaced during a shift when the process is not running. It takes 20 minutes for a $30/hour inspector to perform the sound check. The process runs 50 weeks a year.

Is it cost effective to performt he weekly sound check? Explain

Suppose a standby pump with the annual capital and operating cost of $800 is to be installed, is this a good idea? Explain

Reference no: EM131230239

Questions Cloud

What is the business value of security and control : Describe the relationship between security and control and recent U.S. government regulatory requirements and computer forensics.
Explain the purpose of the unemployment insurance system : Explain the purpose of the unemployment insurance system. How long can an employee remain on unemployment? Should the federal government extend the eligibility period for unemployment? What are potential downsides to extending eligibility periods bey..
Write one page about personal idea for the given article : Write One page about personal idea for the article Slip slidin' away. Article: Slip slidin' away- http://www.economist.com/news/finance-and-economics/21707943-fear-trump-presidency-plays-havoc-mexicos-currency-slip-slidin-away
Find an equation of the ellipse : Find an equation of the ellipse having a major axis of length 8 and foci at (-5,2) and (-5,-2).
Standby pump with annual capital and operating cost : A certain manufacturing process requires a continuous supply of water. The water comes from a tank and is maintained at a constant level with a pump. Should the pump stop, an alarm sounds, and the tank has enough water to last 2.5 hours. Is it cost e..
What should mweb do in the future to avoid similar incidents : If you were an MWEB customer, would you consider MWEB's response to the security breach to be acceptable? Why or why not?
Evaluate business conduct in the clothing : Evaluate business conduct in the clothing, textile and footwear industries using three ethical principles of the Global Business Standards Codex
Write a paper about office in college : Given is 5 page paper about office in College. - But the 10 pages are requires, and the reference page is not count.
New conversation within the it world : The Internet of Things (IoT) has become a new conversation within the IT world, describing how more smart devices can communicate with each other and interface with humans. Naturally, this would mean networking challenges become increasingly sophi..

Reviews

Write a Review

Operation Management Questions & Answers

  Complete the leadership in action

Complete the Leadership in Action: David Neeleman Reinvents Airlines. Answering the case questions involves identifying relevant facts from the case, applying the chapter concepts to the case, and answering each question completely.

  Effectively communicate how you would lead an organization

Please effectively communicate how you would lead an organization (or a group of people within the organization) by applying the knowledge you have learned ethically and responsibly. Your discussion should also include innovative thinking, and inform..

  Ignoring any information that undermines those? beliefs

Which term refers to people tending to seek out information that supports their preconceived beliefs and ignoring any information that undermines those? beliefs?

  What is its expected monetary value

Michael Dell, president of Dell Computers, Inc., has two design options for his new high resolution flat screen monitors for CAD workstations. The life cycle sales forecast of the monitors is 100,000 units. We ignore any disposal cost in this problem..

  What are advantages and disadvantages for u.s. company

What are the advantages and disadvantages for a U.S.-based company entering a mature market economy?

  What is the average number of customers in the barber shop

A small barber shop has a single chair and an area for waiting, where only one person can be in the chair at a time, and no one leaves without getting their hair cut. So the system is roughly: Entrance, Wait, Haircut, Exit. Assume customers arrive at..

  A procedural message is most effective when

Darren was asked to document a research paper as part of his final examination. The assignment needed weeks of careful study and experimentation before submission. Angela needs to produce a graphic for her employees that depicts the process of handli..

  Explain fully redesign also have an effect on quality

One of the process engineers has suggested which a redesign will help cut changeover time in cell where this part is produced. Might the redesign also have an effect on quality. Explain fully.

  Use access to implement your database design

Use Access to implement your database design. Create the tables and add sample data. Create a data entry form shows teams and the equipment they have checked out. Verify that the from correctly processes new checkouts, changes to checkouts, changes t..

  Advantages and disadvantages of call centers

What are some advantages and disadvantages of call centers?

  Create a growth and profitability strategy for exxon mobil

create a growth and profitability strategy for Exxon Mobil. As a MBA professional, you may be asked to help your organization, or a client organization, develop a strategy to push and deliver a result that is not popular with the general public.

  Determine the minimum number of workers needed

Determine the minimum number of workers needed, and a schedule for the following staffing requirements, giving workers two consecutive days off per cycle (not including Sunday).

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd