In the design of a jet engine part, the designer has a choice of specifying either...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
In the design of a jet engine part, the designer has a choice of specifying either an aluminium alloy casting or a steel casting. Either material will provide equal service, but the aluminium casting will weigh 1.2 kg as compared with 1.35 kg for the steel casting. The aluminium can be cast for Rs. 80.00 per kg. and the steel one for Rs. 35.00 per kg. The cost of machining per unit is Rs. 150.00 for aluminium and Rs. 170.00 for steel. Every kilogram of excess weight is associated with a penalty of Rs. 1,300 due to increased fuel consumption. Which material should be specified and what is the economic advantage of the selection per unit? In the design of a jet engine part, the designer has a choice of specifying either an aluminium alloy casting or a steel casting. Either material will provide equal service, but the aluminium casting will weigh 1.2 kg as compared with 1.35 kg for the steel casting. The aluminium can be cast for Rs. 80.00 per kg. and the steel one for Rs. 35.00 per kg. The cost of machining per unit is Rs. 150.00 for aluminium and Rs. 170.00 for steel. Every kilogram of excess weight is associated with a penalty of Rs. 1,300 due to increased fuel consumption. Which material should be specified and what is the economic advantage of the selection per unit?
Expert Answer:
Answer rating: 100% (QA)
Every manufacturing firm wants to reduce the cost of the manufacturing to gain more and more profit ... View the full answer
Related Book For
Fundamental financial accounting concepts
ISBN: 978-0078025365
8th edition
Authors: Thomas P. Edmonds, Frances M. Mcnair, Philip R. Olds, Edward
Posted Date:
Students also viewed these economics questions
-
Inventory and cost of goods sold information for Lafleche Inc. is provided below: Required: a. Calculate the inventory turnover ratio and average number of days in inventory under the two cost...
-
Inventory turnover is calculated as cost of goods sold divided by ending inventory . 1. True 2. False
-
Inventory and cost of goods sold figures prepared under the LIFO cost flow assumption versus the FIFO cost flow assumption can differ dramatically. Required: a. Would an analyst consider ending...
-
A taxpayer has qualified business income of $50,000 from partnership A and a qualified business loss of $30,000 from partnership B. Wages allocable to the taxpayers interest in partnership A were...
-
Calculate the 90% confidence interval for the following variables, comparing lower, working, middle, and upper classes (CLASS) in the GSS sample. First, tell SPSS that we want to select all cases in...
-
A uniform meter rule of weight 0.9N is suspended horizontally by 2 vertical loops of thread A and B placed at 20cm and 30cm from its ends respectively. Find the distances from the center of the rule...
-
Increasingly, we are seeing email used in cases involving defendants located in foreign countries. Plaintiffs filed suit against four Defendants: Qingdao Sunflare New Energy Co., Skone Lighting Co.,...
-
Oasis Faucet Company manufactures faucets in a small manufacturing facility. The faucets are made from zinc. Manufacturing has 80 employees. Each employee presently provides 40 hours of labor per...
-
What ways can I make my Relational Data Model conversion meet the following requirements listed below? Am I on the right track? What corrections do I need to address? ERD: My Conversion of ERD onto a...
-
Howies Bakery is one of the most popular bakeries in town, and the favorite at Howies is French bread. Each day of the week, Howies bakes a number of loaves of French bread, more or less according to...
-
During the year 2011, Dilego Company earned revenues of $45,000, had expenses of $28,000, purchased assets with a cost of $5,000 and paid dividends of $3,000. Net income for the year is a). $45,000....
-
A circus performer stretches a tightrope between two towers. He strikes one end of the rope and sends a wave along it toward the other tower. He notes that it takes the wave 0.675 s to reach the...
-
Project managers and general managers are often used synonymously. In fact, they may appear to be doing similar work, but their roles and responsibilities are drastically different. Discuss 3 key...
-
Ernst Mller leased a car with a net capitalized value of $34,700 + GST. Ernst lives in province that doesn't have a provincial sales tax. Ernst has $7,350 available to use as a down payment towards...
-
A cantilever beam's end rests on the middle of a simply supported beam, as shown in the figure below. Both beams have length L and bending rigidity EI. Determine the deflection at A and the reactions...
-
et - S.. If F(x) = -5 sint dt, then F'(x) =
-
Copy and complete the statement. 3800 m ? km =
-
Consider the following events: 1. A petty cash fund of $250 was established on April 1, 2013. 2. Employees were reimbursed when they presented petty cash vouchers to the petty cash custodian. 3. On...
-
Sams Subs purchased a delivery van on January 1, 2013, for $35,000. In addition, Sams paid sales tax and title fees of $1,500 for the van. The van is expected to have a four-year life and a salvage...
-
How is the balance of an account determined?
-
V. Zarb, the marketing manager for Maltese Treasures Ltd, is preparing a sales budget for the year ended 30 June 2020. In reviewing the actual sales data for the previous year, the sales and...
-
The following expenses budget has been prepared for Abacus Services for the year ending 30 June 2020. Professional salaries, secretarial wages and training are paid in the quarter in which they are...
-
Bounce Athletics Ltd, which develops and runs athletics training programs for primary schools, has budgeted revenue for the first 6 months of 2020 as follows. All revenue is provided on account and...
Study smarter with the SolutionInn App