Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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1. Given the following information, select the scraper type that is the best option for the job based on economy.

| TYPE          | Time (hr) | Average Flywheel Horsepower |
|---------------|-----------|-----------------------------|
| 621G Scraper  | 23        | 330                         |
| 631G Scraper  | 19        | 462                         |
| 657G Scraper  | 10        | 564                         |

Consider the following costs:
- Fuel consumption rate: 0.04 gallon/fwhp-hr
- Fuel cost: $2.50/gallon
- Oil, filters, etc.: $1.47/hr
- Tires: $2.13/hr
- Operator: $38.50/hr
- General Repairs: $1.36/hr

Also assume that the mobilization costs are $500, $700, and $1,300 for the 621, 631, and 657 scrapers, respectively.
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Transcribed Image Text:1. Given the following information, select the scraper type that is the best option for the job based on economy. | TYPE | Time (hr) | Average Flywheel Horsepower | |---------------|-----------|-----------------------------| | 621G Scraper | 23 | 330 | | 631G Scraper | 19 | 462 | | 657G Scraper | 10 | 564 | Consider the following costs: - Fuel consumption rate: 0.04 gallon/fwhp-hr - Fuel cost: $2.50/gallon - Oil, filters, etc.: $1.47/hr - Tires: $2.13/hr - Operator: $38.50/hr - General Repairs: $1.36/hr Also assume that the mobilization costs are $500, $700, and $1,300 for the 621, 631, and 657 scrapers, respectively.
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