Homework Help is Here – Start Your Trial Now!
Math
Statistics
Q1: A plastic injection mould for a milk crate cost $100 000. The crate weighs 600g and the plastic is worth $3 per kg. The total production cost of the molding operation is $30 per hour. They sell to the dairy cooperative for $4 each. If the cycle time is 20 seconds, find: (a) The number of crates made in an hour. b) The production cost for each crate. c) The break-even point for the amortization of the tooling

Q1: A plastic injection mould for a milk crate cost $100 000. The crate weighs 600g and the plastic is worth $3 per kg. The total production cost of the molding operation is $30 per hour. They sell to the dairy cooperative for $4 each. If the cycle time is 20 seconds, find: (a) The number of crates made in an hour. b) The production cost for each crate. c) The break-even point for the amortization of the tooling

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
See similar textbooks
icon
Related questions
Question

(Please do not give solution in image format thanku)

Q1: A plastic injection mould for a milk crate cost $100 000. The crate weighs 600g and the plastic is worth $3 per kg. The total production cost of the molding operation is $30 per hour. They sell to the dairy cooperative for $4 each. If the cycle time is 20 seconds, find: (a) The number of crates made in an hour. b) The production cost for each crate. c) The break-even point for the amortization of the tooling
Transcribed Image Text:Q1: A plastic injection mould for a milk crate cost $100 000. The crate weighs 600g and the plastic is worth $3 per kg. The total production cost of the molding operation is $30 per hour. They sell to the dairy cooperative for $4 each. If the cycle time is 20 seconds, find: (a) The number of crates made in an hour. b) The production cost for each crate. c) The break-even point for the amortization of the tooling
Expert Solution
steps

Step by step

Solved in 3 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman
SEE MORE TEXTBOOKS