The Available Company operates a one-of-a-kind piece of equipment that is essential in the manufacture of...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
The Available Company operates a one-of-a-kind piece of equipment that is essential in the manufacture of their products. This machine has been in operation for four years (1000 operating days). In order to plan for next year's production levels, the availability of the machine must be determined. The company works a single 8-hr shift, 250 days out of the year. Relevant failure and maintenance data collected over this period is: Failures: Minimal repair with a power law intensity function having a = .0001 and b= 1.825 with time measured in operating days Repair time is lognormal with med = 3 days and s= .758 Scheduled maintenance: A preventive maintenance downtime of one day every five weeks (25 operating days). Repairs: Based upon both scheduled and unscheduled maintenance, determine the expected availability of the equipment over the coming year (i.e., the next 250 operating days). The Available Company operates a one-of-a-kind piece of equipment that is essential in the manufacture of their products. This machine has been in operation for four years (1000 operating days). In order to plan for next year's production levels, the availability of the machine must be determined. The company works a single 8-hr shift, 250 days out of the year. Relevant failure and maintenance data collected over this period is: Failures: Minimal repair with a power law intensity function having a = .0001 and b = 1.825 with time measured in operating days Repair time is lognormal with med = 3 days and s= .758 Scheduled maintenance: A preventive maintenance downtime of one day every five weeks (25 operating days). Repairs: Based upon both scheduled and unscheduled maintenance, determine the expected availability of the equipment over the coming year (i.e., the next 250 operating days). The Available Company operates a one-of-a-kind piece of equipment that is essential in the manufacture of their products. This machine has been in operation for four years (1000 operating days). In order to plan for next year's production levels, the availability of the machine must be determined. The company works a single 8-hr shift, 250 days out of the year. Relevant failure and maintenance data collected over this period is: Failures: Minimal repair with a power law intensity function having a = .0001 and b= 1.825 with time measured in operating days Repair time is lognormal with med = 3 days and s= .758 Scheduled maintenance: A preventive maintenance downtime of one day every five weeks (25 operating days). Repairs: Based upon both scheduled and unscheduled maintenance, determine the expected availability of the equipment over the coming year (i.e., the next 250 operating days). The Available Company operates a one-of-a-kind piece of equipment that is essential in the manufacture of their products. This machine has been in operation for four years (1000 operating days). In order to plan for next year's production levels, the availability of the machine must be determined. The company works a single 8-hr shift, 250 days out of the year. Relevant failure and maintenance data collected over this period is: Failures: Minimal repair with a power law intensity function having a = .0001 and b = 1.825 with time measured in operating days Repair time is lognormal with med = 3 days and s= .758 Scheduled maintenance: A preventive maintenance downtime of one day every five weeks (25 operating days). Repairs: Based upon both scheduled and unscheduled maintenance, determine the expected availability of the equipment over the coming year (i.e., the next 250 operating days).
Expert Answer:
Answer rating: 100% (QA)
In light of both planned and unscheduled support the normal accessibility of the hardware over the a... View the full answer
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Posted Date:
Students also viewed these general management questions
-
There are three moving charges next to the observation point P. The first charge has a charge of q1=3.4710-9 C and is moving with a speed of V =5.11 m/s at an angle of 01-37 to the horizontal. The...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
A beam of light enters the end of an optic fiber as shown in Fig. 23-52. Show that we can guarantee total internal reflection at the side surface of the material (at point a), if the index of...
-
Assume you are 29 years old, your take-home pay totals $2,400 a month, your monthly living expenses total $1,400, your monthly car payment is $400, and your credit card debts total $3,500. Using the...
-
The post-closing trial balance for Bensen Co. is as follows. The subsidiary ledgers contain the following information: (1) accounts receivable- M. Cedeno $2,500, J. Deitz $7,500, and E. Divine...
-
General Medical Center bought equipment on January 2, 2010, for $18,000. The equipment was expected to remain in service for four years and to perform 400 oper ations. At the end of the equipments...
-
Describe how you would go about analyzing the data storage needs of the Marc Schnieder Janitorial Supply Company. Would you trash the old system or just polish it up a bit? Discuss the implications...
-
In the following exercises, express the limits as integrals. 60. 00 lim. av Ax over 11,3 61. 19 m5-7-1/JA over 10. 21 62. 69 lim 63. lim "M= "M= sin (2x; )Ax over [0: 1] cos(27x7 Ax over 10.11
-
Captain America Corporation is a small private corporation that sells desktop printers to local businesses and schools. On May 1, 2021, the following were the account balances of Captain America...
-
Decide upon the product you think the world needs now. Think about how the product will be produced and how your company will be run. Share the product description on the discussion board. If you can...
-
Dillon Products manufactures various machined parts to customer specifications. The company uses a job-order costing system and applies overhead cost to jobs on the basis of machine-hours. At the...
-
The driver of a 1800 kg car traveling on a horizontal road at 100 km/h suddenly applies the brakes. Due to a slippery pavement, the friction of the road on the tires of the car, which is what slows...
-
Describe how a heat pump works. What does the Carnot process describe? Describe the components of the heat pump and the cycle, happening in the heat pump. Draw the individual state changes in the...
-
What is internal control, and what are the objectives of a well-designed internal control structure in an organization?
-
Oxycare Manufacturing Inc. focuses on providing medical supplies, particularly for patients with complications of lungs, heart, severe respiratory diseases and those who were infected with COVID-19....
-
Interserve and Kier Group can borrow for one year at the following rates: Interserve 4.50% Kier Group 5.10% LIBOR + 0.15% LIBOR +0.35% Fixed rate Floating rate Calculate the quality spread...
-
A random sample of 10 houses heated with natural gas in a particular area, is selected, and the amount of gas (in therms) used during the month of January is determined for each house. The resulting...
-
Sunbeam Corporation manufactures and sells a variety of small household appliances, including toasters, food processors, and waffle grills. Exhibit 3.26 presents a statement of cash flows for Sunbeam...
-
Exhibit 7.19 summarizes the information disclosed by a large conglomerate regarding its stock option plans for Years 2-4. Assume an income tax rate of 35%. Required a. The average option price per...
-
Why is it appropriate to use the required rate of return on equity capital (rather than the weighted average cost of capital) as the discount rate in the residual income valuation approach?
-
The boiling point diagram of a binary mixture can be represented with the help of the (a) Temperature versus volume plot (b) Pressure versus volume plot (c) Pressure versus composition plot (d)...
-
The criterion of phase equilibrium of a component is (a) \(d G_{T, P, V}=0\) (b) \(d G_{T, P}=1\) (c) \(d G_{T, P}=0\) (d) \(d A_{T, P}=0\).
-
The vapour-liquid equilibrium of a binary system can be better represented by (a) Temperature-composition \((T-X-Y)\) diagram (b) Pressure-composition \((P-X-Y)\) diagram (c) Pressure-temperature...
Study smarter with the SolutionInn App