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How many units must be produced and sold at $197 each for the automated process to be preferred to the labor-intensive process.
Determine the breakeven point (lowest sales volume at which total sales income just equals total production cost).
At what number of units of annual production will Company A have the same overall cost as Company B?
What is the minimum number of units that would have to be painted each year to justify the purchase of the robot machine?
Identify your major cash flows for the current school term as first costs, O&M expenses, salvage values, revenues, overhauls, and so on.
How does the public budget-making process interact with the goal of accurate benefit and cost estimating for these large projects?
What would the percentage reductionin monthly scrap cost be after the charts have been used for 12 months?
If 200 labor hours were required to produce 1st unit in a production run and 60 labor hours were required. What was the learning-curve rate during production?
Assuming a power-sizing exponent to reflect economies of scale, x, of 0.75, use the power-sizing model to determine the approximate cost of the new reactor.
What index number will your boss publish in his report for this year? If the index value was 525 last year, what was the cost per square foot last year?
Find the Aurum Flatware Cost Index (AFCI) for gold-plated dinnerware, which was 112 when Grandma Bell bought her set, is at 2050 today.
Estimate the cost of expanding a planned new clinic by 20,000 ft2. The appropriate capacity exponent is 0.66, and the budget estimate for 200,000 ft2 was $15 m.
Develop a cost estimate of the project from NTT's perspective. If NTT adds a profit margin of 35% to its costs, how much will it cost the state to fund project?
In the text we describe three effects that complicate the process of making estimates to be used in engineering economy analyses.
Use the example of car ownership to describe the complicating factors in estimating the costs and benefits.
What costs have you incurred at each stage of your computer's life cycle? Estimate the total cost of ownership. Estimate the benefits of ownership.
Describe and analyze an example situation from the local newspaper, your hometown newspaper, or a news magazine.
Many engineers work in state governments, and some are in high-profile roles. What guidelines for process or outcomes are there in your home state?
What are some of the legal and ethical issues that can arise? What is the law or regulation in your state or home state?
Summarize and analyze an example situation from the local newspaper, your hometown newspaper, or a news magazine.
What are some of the ethical issues that can arise? What guidelines for process or outcomes exist to help address the ethical issues of your example?
What should engineers do when the product they are designing has a known safety defect with an inexpensive remedy?
Briefly summarize the key institutional groups, how the decision was made, and the ethical principles that may have been compromised.
Outline the role that ethical failures by engineers may have played in this situation. How could society structure decision making to minimize such failures?
Summarize what seems to have produced the problems, how they have been addressed, and how successful Toyota has been in restoring its reputation.