In the following situation, should one machine be purchased and operated 24 hours a day, or should three machines be bought and operated 8 hours? The machine cost $ 95000 with an economic life of 10 years.The 24 operation is really only 96% efficiency because of maintenance and repair activities.Labor is paid in full no matter how many hours they work in each shift.First shift operators get $ 10, second shift operators get $ 12, and third shift operators get $ 14 per hour. With regular one-shift production, the company does not pay for lunch so it gets 8 hours’ work for 8 hours’ pay.Since the plan is to work 5 days a week, what action would you take? Discuss your findings.

Answered: the following situation, should one…

Algebra for College Students

10th Edition

ISBN:9781285195780

Author:Jerome E. Kaufmann, Karen L. Schwitters

Publisher:Jerome E. Kaufmann, Karen L. Schwitters

Chapter8: Functions

Section8.7: Direct And Inverse Variation

Problem 36PS

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In the following situation, should one machine be purchased and operated 24 hours a day, or should three machines be bought and operated 8 hours?

The machine cost $ 95000 with an economic life of 10 years.
The 24 operation is really only 96% efficiency because of maintenance and repair activities.
Labor is paid in full no matter how many hours they work in each shift.
First shift operators get $ 10, second shift operators get $ 12, and third shift operators get $ 14 per hour.

With regular one-shift production, the company does not pay for lunch so it gets 8 hours’ work for 8 hours’ pay.

Since the plan is to work 5 days a week, what action would you take? Discuss your findings.

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