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You are awarded a project for earthmoving related to a parking lot. You plan to use crawler tractor dozer with the following information (Now is the third year since you purchased the dozer): The crawler tractor dozer is used about 1,500 hours per year. It costs $150,000 new and has a useful life of 15,000 hours. Estimated salvage value after 15,000 hours of use is $25,000. The discount rate is 12%. Interest on investment is 7%, Insurance is 2%, Taxes 3.5%, and storage 0.5%. If using sum-of-years (SOY) depreciation method: a. What is the hourly ownership costs of the tractor in the third year? b.What is the estimated hourly maintenance and repair cost if the tractor is used under average condition? c.The tractor is powered by a 200-horsepower diesel engine. What is the estimated hourly fuel costs if the tractor is used under favorable condition and diesel fuel costs $2.5/gal? d. What is the estimated hourly cost for filter, oil, and grease if the tractor is used in average condition? e) You have estimated the productivity of the dozer to be 92.5 LCY/hour. What is unit cost ($/LCY) associated with using the dozer if operator’s hourly wage is $25/hour?
Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..
Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..
Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..
An analysis of the holding costs, including the appropriate annual holding cost rate.
Briefly explain Evolution and contributor of Operations management.
A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..
Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.
Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.
Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.
Ccompare the effectiveness of different leadership styles in different organizations
Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.
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