A $38,000 coil winding and unwinding machine is estimated to provide additional value to production by $15 per unit. When the machine is operated at 58 units per hour, it needs to be cooled down after 4 hours of operation and receive minor maintenance for 15 minutes. When the machine is operated at 118 units per hour, it needs to be cooled down after 5 hours of operation and receive minor maintenance for 30 minutes. The production line runs 8 hours per day. If each maintenance check costs $625 and the machine has a useful life of 80,000 hours of operations, at what speed should the machine should be operated?
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q5: A manufacturing plant is planning to replace
Q6: The cost for operating a commercial truck
Q7: A headhunter company has fixed costs of
Q8: A garment manufacturing company makes 380,000 articles
Q9: You are deciding between three types
Q10: A night vision goggle manufacturer is evaluating
Q11: A manufacturer of hard board and
Q12: The annual fixed cost for a light
Q13: A local cable company has a fixed
Q14: An uninterruptible power system manufacturer is
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents