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An industrial engineer is considering two robots for improving efficiency in a fibre-optic manufacturing company. Robot...
Z Instructions Question 1 10 pts Two industrial robots are being considered for automation purposes. Using...
Z Instructions Question 1 10 pts Two industrial robots are being considered for automation purposes. Using a present worth analysis at 10% interest per year, determine the best alternative Robot X Robot Y 95,000 5000 in year 1 increasing by $1,000 per year 4,000 First Cost S$ 5,000 Annual Cost$/year 9,000 Salvage value, Useful Life, years Upload Choose a Filte 20 3
A process control manager is considering two robots to improve materials-handling capacity in the production of...
A process control manager is considering two robots to improve materials-handling capacity in the production of rigid shaft couplings that make dissimilar drive components. Robot X has a first cost of $94,000, an annual M&O cost $31,000, and $35,000 salvage value, and it will improve revenues by $96,000 per year. Robot Y has a first cost of $146,000, an annual M&O cost of $28,000, and $47,000 salvage value, and it will increase revenues by $125,000 per year. The company's MARR...
A process control manager is considering two robots to improve materials-handling capacity in the production of...
A process control manager is considering two robots to improve materials-handling capacity in the production of rigid shaft couplings that make dissimilar drive components. Robot X has a first cost of $92,000, an annual M&O cost of $31,000, and $44,000 salvage value, and it will improve revenues by $96,000 per year. Robot Y has a first cost of $146,000, an annual M&O cost of $28,000, and $47,000 salvage value, and it will increase revenues by $129,000 per year. The company's...
A process control manager is considering two robots to improve materials-handling capacity in the production of...
A process control manager is considering two robots to improve materials-handling capacity in the production of rigid shaft couplings that make dissimilar drive components. Robot X has a first cost of $84,000, an annual M&O cost of $31,000, and $40,000 salvage value, and it will improve revenues by 596,000 per year. Robot Y has a first cost of $146.000, an annual M&O cost of $28.000. and $47000 salvage value, and it will increase revenues by $125,000 per year. The company's...
Question 2 (6 points) Two industrial robot options are currently proposed to be purchased for the...
Question 2 (6 points) Two industrial robot options are currently proposed to be purchased for the assembly company. The followings are the information about two options. Robot 1: The initial cost is $220K. The savings are expected to be $85K in the first year and increase by 3% from year 2 until the end of its life. The salvage value is expected to be $96K and life cycle is expected to be 6 years. Robot 2: The initial cost is...
QUESTION 1 i) A metallurgical engineer is considering two materials for use in a space vehicle. All estimates are made....
QUESTION 1 i) A metallurgical engineer is considering two materials for use in a space vehicle. All estimates are made. Which should be selected on the basis of Annual worth comparison at an interest rate of 15% per year? (10) Material Y Material X First cost, $ Maintenance cost, S per year9,000 Salvage value, $ Life, years -15,000 35,000 2,000 20,000 Solution: ii) Select which alternative using AW and i= (10) 12% - per year. First Cost, $ -200,000 80,000...
*"About 1.2 million additional advanced robots are expected to be deployed in the U.S. by 2025,...
*"About 1.2 million additional advanced robots are expected to be deployed in the U.S. by 2025, Boston Consulting Group says. Four industries will lead the shift - computer and electronics products; electrical equipment and appliances; transportation; and machinery - largely because more of their tasks can be automated and they deliver the biggest cost savings." (Davidson, Paul. “More robots coming to U.S. factories" USA TODAY, February 9, 2015) The systems (Robot X and Robot Y) shown below are under consideration...
A company with a Can CORN of 15% must install one of two production machines that...
A company with a Can CORN of 15% must install one of two production machines that provide equivalent service (same benefits). Machine X has an initial cost of $40,000 with an annual operating and maintenance (O&M) cost of $30,000 and a salvage value of $5,000 after its 5-year life. Machine Y has an initial cost of $60,000 with an annual O&M cost of $20,000 and a salvage value of $12,000 after its 10-year life. Which choice below gives the correct...
Diller products Inc. is considering purchasing a robot to update their flexible manufacturing system. selected data...
Diller products Inc. is considering purchasing a robot to update their flexible manufacturing system. selected data relating to the robot are provided below Cost of robot 1,600,000 Software and installation 700,000 Annual savings in labor cost ? Annual savings in inventory carrying costs 190,000 Monthy increase in power and maintenance costs. 2,500 Salvage value in 12 years 90,000 Useful life 12 years Engineering statistics suggest that the use of the robot will result in a savings of 40,000 direct...
can you please solve by hand Eddie is a production engineer for a major supplier of...
can
you please solve by hand
Eddie is a production engineer for a major supplier of component parts for cars. He has determined that a robot can be installed at the production line to replace one employee. The employee earns $20 per hour and benefits worth $8 per hour for a total annual cost of $58,240 this year. Eddie estimates that this cost will increase 6% each year. The robot will cost $16,500 to operate for the first year with...
Z Instructions Question 1 10 pts Two industrial robots are being considered for automation purposes. Using a present worth analysis at 10% interest per year, determine the best alternative Robot X Robot Y 95,000 5000 in year 1 increasing by $1,000 per year 4,000 First Cost S$ 5,000 Annual Cost$/year 9,000 Salvage value, Useful Life, years Upload Choose a Filte 20 3
A process control manager is considering two robots to improve materials-handling capacity in the production of rigid shaft couplings that make dissimilar drive components. Robot X has a first cost of $94,000, an annual M&O cost $31,000, and $35,000 salvage value, and it will improve revenues by $96,000 per year. Robot Y has a first cost of $146,000, an annual M&O cost of $28,000, and $47,000 salvage value, and it will increase revenues by $125,000 per year. The company's MARR...
A process control manager is considering two robots to improve materials-handling capacity in the production of rigid shaft couplings that make dissimilar drive components. Robot X has a first cost of $92,000, an annual M&O cost of $31,000, and $44,000 salvage value, and it will improve revenues by $96,000 per year. Robot Y has a first cost of $146,000, an annual M&O cost of $28,000, and $47,000 salvage value, and it will increase revenues by $129,000 per year. The company's...
A process control manager is considering two robots to improve materials-handling capacity in the production of rigid shaft couplings that make dissimilar drive components. Robot X has a first cost of $84,000, an annual M&O cost of $31,000, and $40,000 salvage value, and it will improve revenues by 596,000 per year. Robot Y has a first cost of $146.000, an annual M&O cost of $28.000. and $47000 salvage value, and it will increase revenues by $125,000 per year. The company's...
Question 2 (6 points) Two industrial robot options are currently proposed to be purchased for the assembly company. The followings are the information about two options. Robot 1: The initial cost is $220K. The savings are expected to be $85K in the first year and increase by 3% from year 2 until the end of its life. The salvage value is expected to be $96K and life cycle is expected to be 6 years. Robot 2: The initial cost is...
QUESTION 1 i) A metallurgical engineer is considering two materials for use in a space vehicle. All estimates are made. Which should be selected on the basis of Annual worth comparison at an interest rate of 15% per year? (10) Material Y Material X First cost, $ Maintenance cost, S per year9,000 Salvage value, $ Life, years -15,000 35,000 2,000 20,000 Solution: ii) Select which alternative using AW and i= (10) 12% - per year. First Cost, $ -200,000 80,000...
*"About 1.2 million additional advanced robots are expected to be deployed in the U.S. by 2025, Boston Consulting Group says. Four industries will lead the shift - computer and electronics products; electrical equipment and appliances; transportation; and machinery - largely because more of their tasks can be automated and they deliver the biggest cost savings." (Davidson, Paul. “More robots coming to U.S. factories" USA TODAY, February 9, 2015) The systems (Robot X and Robot Y) shown below are under consideration...
can
you please solve by hand
Eddie is a production engineer for a major supplier of component parts for cars. He has determined that a robot can be installed at the production line to replace one employee. The employee earns $20 per hour and benefits worth $8 per hour for a total annual cost of $58,240 this year. Eddie estimates that this cost will increase 6% each year. The robot will cost $16,500 to operate for the first year with...
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