Solid Waste Engineering
3rd Edition
ISBN: 9781305635203
Author: Worrell, William A.
Publisher: Cengage Learning,
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Chapter 4, Problem 4.12P
To determine
The other cost to be recommended for the calculation.
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A light manufacturing firm has set up a project for develop- ing a new machine for one of its production lines. The most likely estimated cost of the project itself is $1,000,000, but the most optimistic estimate is $900,000 while the pessimists predict a project cost of $1,200,000. The real problem is that even if the project costs are within those limits, if the project itself plus its implementation costs exceed $1,425,000, the project will not meet the firm’s NPV hurdle. There are four cost categories involved in adding the prospective new machine to the production line: (1) engineering labor cost, (2) nonengineering labor cost, (3) assorted material cost, and (4) production line downtime cost.
The engineering labor requirement has been estimated to be 600 hours, plus or minus 15 percent at a cost of $80 per hour. The nonengineering labor requirement is esti- mated to be 1,500 hours, but could be as low as 1,200 hours or as high as 2,200 hours at a cost of $35 per hour. Assorted…
3. Amedium-size consulting engineering firm is trying to decide whether it
should replace its office furniture now or wait and do it 1 year from now. If
it waits 1 year, the cost is expected to be $16,000. At an interest rate of 10%
per year,
what would be the equivalent cost now?
●
G: The client hires you to go to and
personally source materials from China for
5 days. It was agreed that the client pays
you on a per diem basis and pegged the
fees at Php 6,000/day. How much is your
total RPF for rendering this type of service?
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- Determine the Average Cost if the total cost of the production is $150 and the total numbers of production unit is $100.arrow_forward1* Suppose you are a project manager of a power plant project and there is a penalty in your contract with the main client for every day you deliver the project late. You need to decide which sub-contractor is appropriate for your projects critical path activities. But while selecting a sub-contractor, you should take into consideration the costs and delivery dates.Sub-contractor 1 bids $250,000. You estimate that there is a 30% possibility of completing 60 days late. As per your contract with the client, you must pay a delay penalty of $5,000 per calendar day for every day you deliver late.Sub-contractor 2 bids $320,000. You estimate that there is a 10% possibility of completing 20 days late. As per your contract with the client, you must pay a delay penalty of $5,000 per calendar day for every day you deliver late.You need to determine which sub-contractor is appropriate for your projects critical path activities. Both sub-contractors promise successful delivery and high-quality…arrow_forwardQuestion 1. Answer the following: A. When the price =30000-400(Demand) and the variable cost-$3500 per unit, the value of demand that maximize the profit =......... B. The installation cost of a machine is $6000 with estimated life of 12 years and selvage value of $2000 at the end of the 12th year. What will be the annual depreciation cost in the fourth year (using straight line method)? C. Suppose that the initial cost of a certain operation is $120000 at the beginning of the first year. The expenditures are expected to be ($1000) at the end of the first year, $500 at the end of second year, and to increase by $1000 at the end of each of the next 4 years. The salvage value at the end of the 8th year is $2500. Draw the cash flow diagram. D. The Present worth (PW) of six annual payment of $6000 paid at the end of the each of the six years with interest rate of %12 compounded quarterly is.... E. The Future worth at the end of the 4 years (FW4) of the four $2000 annual payment paid at the…arrow_forward
- A client plans to construct a manufacturing plant that involves multiple engineering disciplines. Calculate the total engineering fees including taxes based on the following: Mechanical Works, $1,540,000 Electrical Works, $1,780,000 Earth Works, $950,000 Civil Works, $2,125,100 Environmental Works, $1,325,000 Basis B fees = 9% There are no office fees Taxes = 13%arrow_forwardG: The client hires you to go to and personally source materials from China for 5 days. It was agreed that the client pays you on a per diem basis and pegged the fees at Php 6,000/day. How much is your total RPF for rendering this type of service?arrow_forwardA contractor estimates that he could finish a project in 15 days if he has 20 men. At the start, he hired 10 men then after 6 days, 10 more men are added. How many days was the project delayed? A. 6 B 5 € 4 D 3 E None of the abovearrow_forward
- What is the hourly rate of equipment based on the following data? Purchase price (P) = $460,000 %3D Salvage value (F) = $40,000 Useful life (N) = 10 years Working hours per year = 2000 Hours Annual maintenance costs = 10% of purchase price Annual operating costs = $47,000 %3D Interest rate (i) = 15% Select one: a. $61.34/hr b. $51.34/hr c. $91.34/hr d. $81.34/hrarrow_forwardAn engineer invested $11,000 and the annual revenue was $4,000 in the first year, $4,000 in the second year, and $4,000 in the third year. How long does it take to get the initial investment back?arrow_forwardA contractor bought a concrete mixer at ? 120,000 if paid in cash. The mixer may also be purchased by installment to be paid within 5 years. If money is worth 8% compounded annually, what is the amount of each annual payments made at the end of each year if paid in installment up to the end of 5 years?arrow_forward
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