Without using excel 8.18 A waste-holding lagoon situated near the mainplant of a chemical company receives sludge on adaily basis. When the lagoon is full, it is necessary$3:SaM.to remove the sludge to a site located 4.95 kilome-ters from the main plant. Currently, when the la-goon is full, the sludge is removed by pumping itinto a tank truck and hauling it away. This processavatityex8.21 A1 Scierequires the use of a portable pump that has aninitial cost of $800 and an 8-year life. The com-roativpany can operate the pump at a cost of $25 per day,but the truck and driver cost $110 per day.inianAlternatively, the company has a proposal toinstall a pump and pipeline to the remote site. Thepump would have an initial cost of $600, a life ofAlcoscoa10years, and a cost of $3 per day to operate. (a) Ifthe MARR is 15% per year and the pipeline willcosmicost $3.52 per meter to construct, how many days(a)theper year must the lagoon require pumping to jus-tify construction of the pipeline? (b) The lagoonwas pumped 40 times last year. Which alternativewould have been cheaper? How do you know thisis the correct answer?breofcal8.22 Thr

Total cost of construction of pipeline = cost per meter* size of pipeline =4950*3.52=$17,424 Initial…

A waste-holding lagoon situated near the main plant of a chemical company receives sludge on a daily basis. When the lagoon is full, it is necessary to remove the sludge to a site located 4.95 kilome- ters from the main plant. Currently, when the la- goon is full, the sludge is removed by pumping it into a tank truck and hauling it away. This process requires the use of a portable pump that has an initial cost of $800 and an 8-year life. The com- pany can operate the pump at a cost of $25 per day, but the truck and driver cost $110 per day.

A waste-holding lagoon situated near the main plant of a chemical company receives sludge on a daily basis. When the lagoon is full, it is necessary to remove the sludge to a site located 4.95 kilome- ters from the main plant. Currently, when the la- goon is full, the sludge is removed by pumping it into a tank truck and hauling it away. This process requires the use of a portable pump that has an initial cost of $800 and an 8-year life. The com- pany can operate the pump at a cost of $25 per day, but the truck and driver cost $110 per day.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter12: Queueing Models

Section: Chapter Questions

Problem 59P

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