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.

Structural Analysis

6th Edition

ISBN:9781337630931

Author:KASSIMALI, Aslam.

Publisher:KASSIMALI, Aslam.

Chapter2: Loads On Structures

Section: Chapter Questions

Problem 1P

See similar textbooks

Related questions

Q: I think I got question 1 correct however im not sure of the steps for question 2 and 3. "Solve the…

A: Question 1Step 1: Calculate the Capacity FactorUsing the given capacity factors for chlorine, the…

Q: You have been working on the budget for a project and you have calculated the following: PV costs…

Q: A manufacturing plant installed a new boiler at a total cost of P150,000 and is estimated to have a…

A: Capitalized cost is the present worth of a project which lasts forever. So, the capitalized cost…

Q: The expected production of a pneumatic roller is 665 CCY/h. The lift thickness is 8 inches, with a…

A: Given data Production = 665 CCY/h Lift thickness L = 8 in Roller width W = 10 ft Efficiency E = 85%

Q: 8. A bus company is charging a flat rate of 50€ per ride to any part of the city and has a patron-…

Q: A company that sells high-purity laboratory chemicals is considering investing in new equipment that…

Q: Q1. Calculate the expected hourly owning and operating operation of the twin-engine scraper…

A: Given Data:Cost delivered =300000 jDTire cost = 24000jDEstimated Life = 5 yearsSalvage Value =…

Q: A liquid delivery system is being designed such that ethylene glycol flows out of a hole in the…

A: Ethylene glycol is an important industrial component that may be found in a variety of consumer…

Q: What is the best equipment cost per day for a 200 HP dozer with the following costs for a job that…

Q: If the daily production rate for a crew that works in an astivity is 175 units/day and the total…

A: To calculate the time required by the crew to finish 1400 units

Q: What is the expected energy change if all of the waste plastics are combusted?

A: Concept- Plastic wastes- Plastic waste is the formation of plastic objects such as plastic bottles…

Q: The Wood family and the Davis family each used their sprinklers last summer. The water output rate…

A: Given: Water output: W1 = 40 L/hr W2 = 30 L/hr Total output = 1850 L Total consumed hours = 50 hrs…

Q: 4. A solar sea power plant (SSPP) is being considered in a North American location known for its…

A: a) Simple Payback Period can be found when 5*15,000,000 + 20,000,000 + 5,000,000 = 100,000,000 for…

Q: A 9,000 gallon storage tank was purchased for $200,000 12 years ago. How much would a 12,000 gallon…

Q: · A retrofitted space-heating system is being considered for a small office building. The system can…

A: Solution:

Q: 5. (12 pts) A worker is simultaneously exposed to 8 hours of exposure to 40 ppm ethyl benzene, 50…

A: 8 hours of exposure to 40 ppm ethyl benzene, 50 ppm xylene, 40 ppm n-hexane, and 5 mg/m3 titanium…

Concept explainers

Quantity takeoff

Quantity takeoffs (QTO) are precise estimates of the materials and labor costs required to finish a construction project. During the pre-construction phase, an estimator prepares them, breaking down the project into smaller, more manageable parts that are easier to evaluate. These measurements are used to prepare a construction scope bid. Estimators examine the drawings, specifications, and models to figure out different quantities and their costs. Since, the components, their quantity, and price are all included in the model, quantity take-off can be done automatically using Building Information Modelling (BIM). The time taken for completing a construction project can be reduced by the use of quantity takeoff. These takeoffs are also called material takeoffs and construction takeoffs.

Question

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.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

Step 2

Step 3

Step 4

Step 5

Step by step

Solved in 5 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, civil-engineering and related others by exploring similar questions and additional content below.

Similar questions

A roof system has a total surface area of 3,450 sf, which will be covered by 3-tab asphalt shingles (12x36). Considering 5% of waste, how may sheets of asphalt shingles are needed? 2,900 sheets 3,000 sheets 3,100 sheets 3,200 sheets
3. An aircraft manufacturer uses 1,000,000 special rivets per year at a uniform rate. The rivets are made on a single-spindle automatic screw machine at the rate of 3,000 per hour. The manufacturing cost is $0.0052 per rivet and the storage cost is estimated to be $0.0008 per rivet per year. The set-up cost is $40 per set-up. Calculate the economic production quantity and the allow- able variation in this quantity for a maximum deviation from the minimum cost of 5%. Assume the machine operates 1,700 hours per year,
A house in State College, PA consists of the following: 12 single pane windows (each 10 ft by 1 ft with an R value of 1.86). Calculate the total number of Btus lost for one season through these 12 windows. HDD for State College are 6,000
When considering geoengineering, what is the main difference between solar radiation management and carbon dioxide removal? a. solar radiation management is an extremely costly process, while CO2 removal is cost effective b. CO2 removal will be a continuous process while solar radiation management will require a large but singular effort c. CO2 removal is widely regarded as a reliable and realistic method, while solar radiation management is not d. solar radiation management only addresses temperatures while CO2 removal stabilizes all aspects of climate
You are the manager of a large crude-oil refinery. As part of the refining process, a certain heat exchanger (operated at high temperatures and with abrasive material flowing through it) must be replaced every year. The replacement and downtime cost in the first year is $165,000. This cost is expected to increase due to inflation at a rate of 9% per year for five years (i.e. until the EOY 6), at which time this particular heat exchanger will no longer be needed. If the company's cost of capital is 18% per year, how much could you afford to spend for a higher quality heat exchanger so that these annual replacement and downtime costs could be eliminated? Click the icon to view the interest and annuity table for discrete compounding when i = 9 % per year. Click the icon to view the interest and annuity table for discrete compounding when i = 18% per year. You could afford to spend $ thousands for a higher quality heat exchanger. (Round to one decimal place.)
A bus company is charging a flat rate of 50¢ per ride to any part of the city and has a patronage of 500,000 per day. It has been decided to raise the fare to 60¢ per ride and it is estimated that 470,000 people will ride the buses. Calculate (a) the arc-price elasticity; (b) the possible total gain or loss in total revenue per day.
An Electronic component manufacturing company produces two electronic components, A and B, which require different amounts of machine time and labor. The profit per unit of component A is Gh¢10 and of component B is Gh¢15. The machine time required per unit of component A is 2 hours and of component B is 3 hours. The labor time required per unit of component A is 2 hour and of component B is 1 hours. The company has 240 hours of machine time and 160 hours of labor time available per week. Formulate a linear programming model for this problem. Transform the model formulated in (a) into a standard form. Solve the model formulated in (a), by using graphical method indicating the optimal solution and objective function value. Do you think there are any resources left over and not used at the feasible solution points? Explain by calculating the slack at each point
A sales engineer claims that his pump is economically justifiable. He says that for a cost of $250,000.00, it will havea market value of $30,000 at the end of 10 years. If the increased productivity attributable to this project would be$38,804 per year, is he lying? Take MARR = 10%
Calculate the number of bags required for a shaker baghouse for removal of gypsum with the following process information and bag dimensions. Q, process gas exhaust rate 15,000 ft3/min Bag dimensions: bag diameter 6 in. bag height 12 ft How many bags are required?
Solve the questions below by typing in the correct factors or variables into the cells highlighted in orange and the right formulas into the cells highlighted in yellow. - I completed question 1 but unsure about question 2 and 3.
Engineers determined that a small amount of newly available chemical additives would increase the resistance of a building material by 20%. The factory manager arranged the purchase of the additive through a 5-year contract at a price of $7,000 annually, with an interest of 15% to be installed annually, and an inflation of 10%, starting from one year from now. The annual price is expected to increase by $50 annually starting from the sixth year and thereafter until the year 13. In addition, an initial investment of $3,000 has been made to prepare a suitable site for the contractor to deliver the additive. Find the equivalent total present value of all these cash flows.
An installer finds that it takes 5 minutes to cut out a duct. It then takes 4minutes to bend the metal and 7 minutes to lap and seal it. If the installerworks 50 minutes out of each hour, how many ducts can be made during an8-hour shift?