Your answer is correct. Based on MARR of 8%, determine the annual rate of production for which the alternatives are equally economical. 1252.29 units Carry all interim calculations to 5 decimal places and then round your final answer up to the nearest unit. The tolerance is ±5. Your answer is partially correct. Try again. If it is estimated that production will be 300 top rails per year, which alternative is preferred, and what will be the total annual cost? Preferred alternative: Manufacturing Cell Total annual cost $ 12100 Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is ±5. Question 7 The Fence Company is setting up a new production line to create top rails. The relevant data for two alternatives are shown below. Flow Line Manufacturing Cell Installed Cost $15,000 $10,000 Expected Life 5 years 5 years Salvage Value $0 $0 Variable Cost per Top Rail $6.00 $7.00

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Question
Solve all questions compulsory ......and I want correct answer pls not use chatgpt
Your answer is correct.
Based on MARR of 8%, determine the annual rate of production for which the alternatives are equally economical.
1252.29 units
Carry all interim calculations to 5 decimal places and then round your final answer up to the nearest unit. The tolerance is ±5.
Your answer is partially correct. Try again.
If it is estimated that production will be 300 top rails per year, which alternative is preferred, and what will be the total annual cost?
Preferred alternative: Manufacturing Cell
Total annual cost $
12100
Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is ±5.
Transcribed Image Text:Your answer is correct. Based on MARR of 8%, determine the annual rate of production for which the alternatives are equally economical. 1252.29 units Carry all interim calculations to 5 decimal places and then round your final answer up to the nearest unit. The tolerance is ±5. Your answer is partially correct. Try again. If it is estimated that production will be 300 top rails per year, which alternative is preferred, and what will be the total annual cost? Preferred alternative: Manufacturing Cell Total annual cost $ 12100 Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is ±5.
Question 7
The Fence Company is setting up a new production line to create top rails. The relevant data for two alternatives are shown below.
Flow Line Manufacturing Cell
Installed Cost
$15,000
$10,000
Expected Life
5 years
5 years
Salvage Value
$0
$0
Variable Cost per Top Rail
$6.00
$7.00
Transcribed Image Text:Question 7 The Fence Company is setting up a new production line to create top rails. The relevant data for two alternatives are shown below. Flow Line Manufacturing Cell Installed Cost $15,000 $10,000 Expected Life 5 years 5 years Salvage Value $0 $0 Variable Cost per Top Rail $6.00 $7.00
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education