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a. Compare the probable part cost from Machine A and Machine B, assuming that each will make the part to the same specification. Which machine yields the lowest part cost? Assume that the MARR = 10% per %3D year. (6.5) b. If the cost of labor can be cut in half by using part-time employees, recommended? (6.5) which machine should be

a. Compare the probable part cost from Machine A and Machine B, assuming that each will make the part to the same specification. Which machine yields the lowest part cost? Assume that the MARR = 10% per %3D year. (6.5) b. If the cost of labor can be cut in half by using part-time employees, recommended? (6.5) which machine should be

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Labor cost per hour Maintenance cost per year 6-39. a. Compare the probable part cost from Machine A and Machine B, assuming that each will make the part to the same specification. Which machine yields the lowest part cost? Assume that the MARR = 10% per %3D year. (6.5) b. If the cost of labor can be cut in half by using part-time employees, which machine should be recommended? (6.5) Machine A Machine B Initial capital investment Life $35,000 10 years $3.500 10,000 $16 $150,000 8 years $15,000 10,000 $20 Market value Parts required per year Labor cost per Time to make one part 10 minutes 20 minutes Maintenance cost per year $3,000 $1,000
Transcribed Image Text:Labor cost per hour Maintenance cost per year 6-39. a. Compare the probable part cost from Machine A and Machine B, assuming that each will make the part to the same specification. Which machine yields the lowest part cost? Assume that the MARR = 10% per %3D year. (6.5) b. If the cost of labor can be cut in half by using part-time employees, which machine should be recommended? (6.5) Machine A Machine B Initial capital investment Life $35,000 10 years $3.500 10,000 $16 $150,000 8 years $15,000 10,000 $20 Market value Parts required per year Labor cost per Time to make one part 10 minutes 20 minutes Maintenance cost per year $3,000 $1,000
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