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Use Method 2 (time-value-of-money equations for ownership costs) to determine the probable cost per hour of owning and operating a rubber tire unit of equipment with a 250-hp diesel engine. The following conditions apply.
Factory delivered price = $450,000 Sales tax = 5% of delivered price Unloading and assembling = $2,500 Salvage value = $120,000
Useful life = 5 yr
Hours used per year = 1,500 hr Interest on investment = 8%
Maintenance and repairs = 20% of net purchase; Diesel engine = 250 hp
Operating factor = 0.60; Fuel costs = $4.00/gal Crankcase capacity = 8 gal
Hours between oil changes = 120 hr; Oil costs = $16/gal
Tires =$55,000; Tire life = 3,500 Hr; Tire Repairs 10% depreciation
Discuss your thoughts about the various production processes (Job Shop, Continuous Flow, Assembly line, Batch process ) discussed to date, their similarities and differences. Identify some specific examples of some of the processes we discuss in thi..
1.Describe the difference between an organization with a functional structure and one with a team structure.
A coffee maker vendor has set up two coffee machines, Machine 1 and Machine 2, inside an organization. The service cost incurred on Machine 1 and Machine 2 is $100 and $80, respectively. The production cost of coffee is $2 per mug for Machine 1 and $..
Select and review a project of your choice. In two or sentences, describe the project. The determine 5 possible risks for that project. Using the template provided, for EACH risk, desribe the risk, impact, probability, and response strategy.
There is a new small entrepreneurial solar power business in town. In today’s competitive environment, partners are struggling with a series of management and environmental issues. How to delegate responsibilities and grant authorities.
In early years of twenty-first century, annual salaries for federal employees in Upper Midwest averaged approximately $42,000, with a population standard deviation.
Using Equation 2.1 d. What is the maximum revenue with a single shift? e. What is the break-even volume with a two-shift operation?
Why is project change management important? What steps and precautions should be considered when implementing a change management system? Does your current organization (or a previous organization) have a formal project change management process? Wha..
You are the HR manager for Appalachian Valley College, a fully-accredited private Baptist college located in western Virginia. While your college does not offer ministerial degrees, What is the likelihood of success of Dr. Madison’s threatened litiga..
You are in charge of alcohol and substance abuse control for a local agency. Realizing that a lot of your effort is directed and building local skills in the county related to behavior change strategies, how would you design your program to reach the..
An assembly line with 30 activities is to be balanced. The total amount of time to complete all 30 activities is 42 minutes. The longest activity takes 2.4 minutes and the shortest takes .3 minutes. What are the maximum and minimum cycle times? What ..
The Chiemsee Knee Replacement Clinic (CKRC) is a sports clinic located at the northern edge of the German Alps. It specializes in knee replacements for skiers who come to CKRC from Germany, Austria, Switzerland, and Italy. the management team contemp..
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