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8) The company you work for has 70 trucks. Ten are faulty. The inspectors are coming...
Can you help me for this question ? A wire manufacturing company has inspectors to examine...
Can you help me for this question ?
A wire manufacturing company has inspectors to examine the wire for fractures as it comes out of a machine. The number of fractures is distributed in accordance with a Poisson process, having one fracture on the average for every 60 meters of wire. One day an inspector has to take an emergency phone call and is missing from his work for ten minutes. a. If the machine turns out 7 meters of...
Problem Ten (10 points) A company owns a fleet of trucks and operates its own maintenance...
Problem Ten (10 points) A company owns a fleet of trucks and operates its own maintenance shop. A particular type of truck is normally used for five years. The first cost is $30,500 and the end of life salvage value is $7,750. The maintenance costs are $900 for the first year and an additional $250 per year thereafter] Assuming an interest rate of 7.5%, find the equivalent per-year cost of owning and maintaining one of these vehicles.
According to secret company tests, the highway gas mileage that Urbana trucks manufactured in Germany get...
According to secret company tests, the highway gas mileage that Urbana trucks manufactured in Germany get is normally distributed with mean 18 m.p.g. and standard deviation of 3.3. The government does not know this, and is testing a single new Urbana truck. (a) If the test vehicle registers highway gas mileage between 21 and 25 m.p.g., the Urbana will be designated “efficient”. What is the probability that the truck gets this designation? Show your work. (b) You purchased an Urbana...
Company X is choosing between 2 trucks for its fleet. One has 10 year life and...
Company X is choosing between 2 trucks for its fleet. One has 10 year life and the other 15 years. The cost of a new truck is $25,000 in either case. Annual maintenance costs are $1000 per year on the 10 year truck, and $2000 per year on the 15 year truck. Salvage value of a truck is $6000 on the ten year truck (after 10 years), and $2500 on the 15 year truck (after 15 years). All cash flows...
You are a business owner of a firm that services trucks. A customer would like to...
You are a business owner of a firm that services trucks. A customer would like to rent a truck from you for one week, while you service his truck. You must decide whether or not to rent him a truck. You have an extra truck that you will not use for any other purpose during this week. This truck is leased for a full year from another company for $350/ week plus $.50 for every mile driven. You also have...
You work for a company that makes umbrellas. After being produced, the umbrellas are randomly packaged...
You work for a company that makes umbrellas. After being produced, the umbrellas are randomly packaged in units of 12 and shipped to retailers. Your employer is interested to know about the probability with which a customer will receive a package with any number of faulty umbrellas. You know that the probability that any given umbrella is faulty is 0.37, use this information to answer the following questions. 6. A) What is the probability that none of the umbrellas are...
Has three trucks 1 C&O transportation company with different capabilities (affectionately called ...
has three trucks 1 C&O transportation company with different capabilities (affectionately called Rooter, Scooter, and Tooter) and three moving jobs in different cities (Kitchener, London, and Missisauga). The following table shows the profit gained (in $1000s) if a given truck is used for the job in a given city. Your task is to find an allocation of the trucks to the three different cities to maxi mize profit. (a) Formulate this as an IP problem (b) Formulate it as a...
FE: Your county has asked you to analyze the purchase of some dump trucks. Each truck...
FE: Your county has asked you to analyze the purchase of some dump trucks. Each truck costs $45,000 and has operating and maintenance costs that start at $15,000 the first year and increase by $2,000 per year. Assume the salvage value at end of year 5 is $9,000 and the interest rate is 12%. The equivalent annual cost of each truck is most nearly: O $41,200 O $29,600 $31,000 O $26,100
8-35 Units-of-Production Depreciation Method The Rockland Transport Company has many trucks that have an estimated useful...
8-35 Units-of-Production Depreciation Method The Rockland Transport Company has many trucks that have an estimated useful life of 200,000 miles. The company computes depreciation on a mileage basis. Suppose Rockland purchases a new truck for $100,000 cash. Its expected residual value is $10,000. Its mileage during year 1 is 60,000 and during year 2 is 90,000. · What is the depreciation expense for each of the 2 years? Compute the gain or loss if Rockland sells the truck for $40,000...
A small one lane bridge is susceptible to damages from heavy trucks. The bridge has room...
A small one lane bridge is susceptible to damages from heavy trucks. The bridge has room for only two trucks at most. You will investigate event of possible damage (D) to the bridge when two trucks are driving over bridge simultaneously. A truck weighing station was set near the bridge to estimate the chances of having overloaded trucks. Around 5% of the trucks were estimated to be overloaded ( i.e. above legal limit). The overloading of trucks can be considered...
Can you help me for this question ?
A wire manufacturing company has inspectors to examine the wire for fractures as it comes out of a machine. The number of fractures is distributed in accordance with a Poisson process, having one fracture on the average for every 60 meters of wire. One day an inspector has to take an emergency phone call and is missing from his work for ten minutes. a. If the machine turns out 7 meters of...
Problem Ten (10 points) A company owns a fleet of trucks and operates its own maintenance shop. A particular type of truck is normally used for five years. The first cost is $30,500 and the end of life salvage value is $7,750. The maintenance costs are $900 for the first year and an additional $250 per year thereafter] Assuming an interest rate of 7.5%, find the equivalent per-year cost of owning and maintaining one of these vehicles.
Company X is choosing between 2 trucks for its fleet. One has 10 year life and the other 15 years. The cost of a new truck is $25,000 in either case. Annual maintenance costs are $1000 per year on the 10 year truck, and $2000 per year on the 15 year truck. Salvage value of a truck is $6000 on the ten year truck (after 10 years), and $2500 on the 15 year truck (after 15 years). All cash flows...
You work for a company that makes umbrellas. After being produced, the umbrellas are randomly packaged in units of 12 and shipped to retailers. Your employer is interested to know about the probability with which a customer will receive a package with any number of faulty umbrellas. You know that the probability that any given umbrella is faulty is 0.37, use this information to answer the following questions. 6. A) What is the probability that none of the umbrellas are...
has three trucks 1 C&O transportation company with different capabilities (affectionately called Rooter, Scooter, and Tooter) and three moving jobs in different cities (Kitchener, London, and Missisauga). The following table shows the profit gained (in $1000s) if a given truck is used for the job in a given city. Your task is to find an allocation of the trucks to the three different cities to maxi mize profit. (a) Formulate this as an IP problem (b) Formulate it as a...
FE: Your county has asked you to analyze the purchase of some dump trucks. Each truck costs $45,000 and has operating and maintenance costs that start at $15,000 the first year and increase by $2,000 per year. Assume the salvage value at end of year 5 is $9,000 and the interest rate is 12%. The equivalent annual cost of each truck is most nearly: O $41,200 O $29,600 $31,000 O $26,100
8-35 Units-of-Production Depreciation Method The Rockland Transport Company has many trucks that have an estimated useful life of 200,000 miles. The company computes depreciation on a mileage basis. Suppose Rockland purchases a new truck for $100,000 cash. Its expected residual value is $10,000. Its mileage during year 1 is 60,000 and during year 2 is 90,000. · What is the depreciation expense for each of the 2 years? Compute the gain or loss if Rockland sells the truck for $40,000...
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