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- The TechGuide Company produces and sells 7,500 modular computer desks per year at a selling price of $750 each. Its current production equipment, purchased for $1,800,000 and with a 5-year useful life, is only 2 years old. It has a terminal disposal value of $0 and is depreciated on a straight-line basis. The equipment has a current disposal price of $450,000. However, the emergence of a new molding technology has led TechGuide to consider either upgrading or replacing the production equipment. The following table presents data for the two alternatives: LOADING... (Click to view the data for the two alternatives.) Read the requirements LOADING... . Requirement 1. Should TechGuide upgrade its production line or replace it? Show your calculations. Determine the total relevant costs over 3 years. (If an input field is not used in the table, leave the input field empty; do not enter a zero. Use parentheses or a minus sign for numbers to be subtracted.)…A company is considering three vendors for purchasing a CRM system: Delphi Inc., CRM International, and Murray Analytics. The costs of the system are expected to depend on the length of time required to implement the system, which depends on such factors as the amount of customization required, integration with legacy systems, resistance to change, and so on. Each vendor has different expertise in handling these things, which affect the cost. The costs (in millions of $) are shown below for short, medium, and long implementation durations. Use the Excel template Decision Analysisto identify what vendor to select. Decision Alternative Short Medium Long Delphi Inc. $4.00 $4.80 $8.40 CRM International $5.00 $5.75 $7.15 Murray Analytics $4.25 $5.90 $6.30 Fill in the table below for maximum and minimum costs under each alternative. Carry out an analysis considering costs as negative numbers. Round your answers to the nearest cent. Decision Alternative Maximum Minimum…Design capacity is the ability of the company to produce the quantity of goods and services within a particular period of time when the company have best condition to produce and when the company have unlimited resources. These resource's includes- Men, Machinery, Material etc. It shows the maximum capacity of the company to produce. Effective capacity refers to the ability of the company to produce maximum quantity within a particular period of time to achieve in current production condition and current resources. It shows the real outcome capacity of the firm when the company produce within their own current condition of their production. In design capacity it is assume that the company will produce in best and ideal condition to produce goods and services while in Effective capacity it is assume that company will produce in current operating conditions. In design capacity it is assume that the company have unlimited resource's. It means these resource's include:- Men,…
- In what circumstances is it required to raise a process exception?Explain the concept of a safety-critical system and the various levels of safety integrity (SIL). How are safety requirements determined for different SIL levels?RISK ANALYSIS AND INTERNAL CONTROL The following describes the purchases and cash disbursements procedures for a lawn and garden supply wholesaler that uses a central computer system with distributed terminals in departments. The inventory control clerk visually reviews inventory levels from his computer terminal to identify items that need to be ordered. He then prints and sends a hard copy purchase requisition for the needed items to the purchasing agent. Based on the requisition, the purchasing agent selects a vendor and adds a digital record to the purchase order file from his terminal in the purchasing department. The clerk then prints a hard copy of the purchase order and mails it to the vendor. Finally, the purchasing agent destroys the purchase requisition, which is no longer needed since the relevant details are on the PO. When the materials arrive at the receiving department a packing slip. The clerk then manually creates a two-part hard copy receiving report. One copy of…
- The Operations Manager at the TerraCycle London Recycling Centre is currently strategizing for The upcoming Easter period, anticipating an increase in workload during that time. Consequently, there is an increased concern regarding the readiness of the recycling machines To handle the additional loads. To address this, a set of 20 machines in the sortation and Aggregation stage underwent a testing phase lasting 2,000 hours. Unfortunately, during this Testing period, three machines experienced failures at the following intervals: Failure 1 occurred at 1150 hours. Failure 2 occurred at 1300 hours. Failure 3 occurred at 1550 hours. 1. Compute the failure rate based on the number of machines tested and the operating time. 2. Calculate the Mean Time Between Failures (MTBF) for the tested machines. 3. Provide an interpretation of the results and recommend strategies for the Operations Manager to effectively manage the identified risks. 4. After successfully completing this…What is the significance of defining exceptions in service engineering?The following is an excerpt from a conversation between two sales clerks, Tracy Rawlin and Jeff Weimer. Both Tracy and Jeff are employed by Magnum Electronics, a locally owned and operated electronics retail store. Suggest appropriate control procedures that would have prevented or detected the theft of cash.
- Investigate the principles of vibration analysis and control in mechanical engineering, explaining how understanding and mitigating vibrations in machinery and structures can improve operational safety, longevity, and performance.The Operations Manager at the TerraCycle London Recycling Centre is currently strategizing for The upcoming Easter period, anticipating an increase in workload during that time. Consequently, there is an increased concern regarding the readiness of the recycling machines To handle the additional loads. To address this, a set of 20 machines in the sortation and Aggregation stage underwent a testing phase lasting 2,000 hours. Unfortunately, during this Testing period, three machines experienced failures at the following intervals: Failure 1 occurred at 1150 hours. Failure 2 occurred at 1300 hours. Failure 3 occurred at 1550 hours. 1. Compute the failure rate based on the number of machines tested and the operating time. 2. Calculate the Mean Time Between Failures (MTBF) for the tested machines. 3. Provide an interpretation of the results and recommend strategies for the Operations Manager to effectively manage the identified risks. 4. After successfully completing this test at the London…- Once answered correctly will UPVOTE!!