Solution:
30. You are responsible for manufacturing the hinges used on the doors of Airbus A330 airplane....
29. You are responsible for manufacturing the hinges used on the doors of Airbus A330 airplane. Since a close fit is required to ensure the doors stay airtight, statistical quality control is used to ensure the consistent high quality of the hinges. The data from five of yesterdays' samples are shown below. Sample 1 0.351 0.347 0.351 0.349 0.354 Observation 2 3 0.356 0.348 0.345 0.353 0.357 0.342 0.348 0.355 0.351 0.361 4 0.349 0.349 0.35 0.354 0.349 5 What...
“I’m not sure we should lay out $335,000 for that automated
welding machine,” said Jim Alder, president of the Superior
Equipment Company. “That’s a lot of money, and it would cost us
$91,000 for software and installation, and another $56,400 per year
just to maintain the thing. In addition, the manufacturer admits it
would cost $54,000 more at the end of three years to replace
worn-out parts.”
“I admit it’s a lot of money,” said Franci Rogers, the
controller. “But...
Saxon Products, Inc., is investigating the purchase of a robot
for use on the company’s assembly line. Selected data relating to
the robot are provided below:
Cost of the robot
$1,400,000
Installation and software
$470,000
Annual savings in labor costs
?
Annual savings in inventory carrying costs
$210,000
Monthly increase in power and maintenance costs
$2,000
Salvage value in 5 years
$86,000
Useful life
5 years
Engineering studies suggest that use of the robot will result in
a savings of...