A 1,500,000 SF plant employs 300 people and produces 153,000 LCD panel per month. The plant is idle, on average, 2 months each year for maintenance, repairs, and retooling. The plant has fixed costs of $4,000,000 per month and variable costs of $40 per LCD panel. What is the total operating cost for the plant per YEAR? Express your answer in $ to the nearest $1 million.

A 1,500,000 SF plant employs 300 people and produces 153,000 LCD panel per month. The plant is idle, on average, 2 months each year for maintenance, repairs, and retooling. The plant has fixed costs of $4,000,000 per month and variable costs of $40 per LCD panel. What is the total operating cost for the plant per YEAR? Express your answer in $ to the nearest $1 million.

Fundamentals Of Construction Estimating

4th Edition

ISBN:9781337399395

Author:Pratt, David J.

Publisher:Pratt, David J.

Chapter12: Pricing Masonry, Carpentry, And Finishes Work

Section: Chapter Questions

Problem 7RQ

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