|

Engineering Economy – Problem 2.55

ByEngineeringCheatSheet.com

A manufacturing company spent $30,000 on a new conveyor belt. If the conveyor belt resulted in cost savings of $4200 per year, the length of time it would take for the company to recover its investment at 8% per year is closest to:

(a) Less than 9 years
(b) 9 to 10 years
(c) 11 to 12 years
(d ) Over 12 years

Sample problems and notes are based on the following textbook: Engineering Economy 7th Edition

ISBN-13: 978-0073376301

ISBN-10: 0073376302

Edition: 7

Author: Leland Blank, Anthony Tarquin 

Published Date: 2011

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

We are sorry that this post was not useful for you!

Let us improve this post!

Tell us how we can improve this post?

Similar Posts

Engineering Economy – Problem 3.12

Engineering Economy – Problem 3.12

ByEngineeringCheatSheet.com

Costs associated with the manufacture of miniature high-sensitivity piezoresistive pressure transducers are $73,000 per year. A clever industrial engineer found that by spending $16,000 now to reconfigure the production line and reprogram two of the robotic arms, the cost will go down to $58,000 next year and $52,000 in years 2 through 5. Using an…

Engineering Economy – Problem 2.39

Engineering Economy – Problem 2.39

ByEngineeringCheatSheet.com

If the value of Jane’s retirement portfolio increased from $170,000 to $813,000 over a 15-year period, with no deposits made to the account over that period, what annual rate of return did she make? Sample problems and notes are based on the following textbook: Engineering Economy 7th Edition ISBN-13: 978-0073376301 ISBN-10: 0073376302 Edition: 7 Author: Leland Blank, Anthony…

Engineering Economy – Problem 2.36

Engineering Economy – Problem 2.36

ByEngineeringCheatSheet.com

El Paso Water Utilities (EPWU) purchases surface water for treatment and distribution to EPWU customers from El Paso County Water Improvement District during the irrigation season. A new contract between the two entities resulted in a reduction in future price increases in the cost of water from 8% per year to 4% per year for…

Engineering Economy – Problem 2.60
|

Engineering Economy – Problem 2.60

ByEngineeringCheatSheet.com

A small construction company is considering the purchase of a used bulldozer for $61,000. If the company purchases the dozer now, the equivalent future amount in year 4 that the company is paying for the dozer at 4% per year interest is closest to: (a) $52,143(b) $65,461(c) $71,365(d ) Over $72,000 Sample problems and notes…