Calculate the total cost of ownership of each machine

Assignment Help HR Management
Reference no: EM132185648

Assignment: Total Cost of Ownership

The production manager has asked you to purchase a replacement numerically controlled (NC) plasma-cutting machine for the metal fabrication shop. She has provided you with the manufacturer's number and model number for two models and indicates that the performance of either machine is perfectly acceptable. The existing tooling and fixtures will also work with either machine. Footprint and utility requirements are nearly the same as the old machine and will not require changes to the facility. The equipment will be depreciated over a ten-year period, which is also the expected service life. An annual service contract is required after the expiration of the warranty and throughout the remaining service life. You will take advantage of a 2% discount offered by each supplier for paying cash. You decide to complete a total cost of ownership (TCO) analysis to help make the purchasing decision.

The two manufacturers have provided the following additional information:

Cuts All Model 10

Super-Hot Model Z2

Base price

$79,000

$68000

Freight/Delivery

$3,000

$2,200

Warranty

5 years

3 years

Annual service contract

$759

$632

Consumables cost per year

$522

$630

Annual electric cost

$444

$520

Annual water cost

$230

$180

Operator training

$300

Included

Residual value after 10 years

$39,000

$21,000

Submit a MS Excel spreadsheet that calculates the total cost of ownership of each machine. Based on the TCO calculation, specify which model you recommend purchasing.

Reference no: EM132185648

Questions Cloud

Examine the major benefits to an organization : Examine the major benefits to an organization that allocates organizational resources towards employee relations activities. Then, specify two employee relation
Project portfolio management process in the organisation : The assignment is to produce a word document describing how you will improve the Project Portfolio Management process in the organisation
Why is it important for leaders to embrace technology : Why is it important for leaders to embrace technology in the digital age? What are some of the advantages and disadvantages of using technology such as social
What in the film did you find particularly interesting : Watch the film - Scarred Lands & Wounded Lives and answer the questions. What in the film did you find particularly interesting
Calculate the total cost of ownership of each machine : The production manager has asked you to purchase a replacement numerically controlled (NC) plasma-cutting machine for the metal fabrication shop.
Find the route which minimizes the round trip : The AGV can only move along horizontal and vertical aisles. Formulate an integer programming model to find the route which minimizes the round trip.
Case reading-controlling employee benefit costs : If you were on the Health Benefits Committee of Quality Auto Parts, in the Case Reading: Controlling Employee Benefit Costs,
Outline general recruitment and selection process : What you know about the firm from the case, outline a general recruitment and selection process for Trianon.
How the given are or are not applicable to a team setting : Watch the video titled "More Management Techniques from The One Minute Manager" (6 min 28 s), shown below. From the video, give your opinion on the three.

Reviews

Write a Review

HR Management Questions & Answers

  Improve problem solving capabilities within organization

Types of teams as to their effectiveness that will improve problem solving capabilities within organizations.

  Influence tactics help in reducing organizations politics

Explain the different types of influence tactics that will be of a help “if adopted” in reducing the organizational politics.

  Report on citigroup''s hr service level agreement

Human Resources or Human Resource Management deals with HR Service Level Agreement. HR Service Level Agreement is an agreement made between the employer and the employee, which states that the employee would work under any client and sometimes any ti..

  A project report on hrm

Human Resource Management as the name suggests, it is a management discipline which deals with the human i.e. the workforce aspect of organizations. Need and practices of HRM are inevitable in present scenario of extreme competition where "Talent War..

  Hrp: recruitment and selection

Recruitment and Selection is the initial ladder of any Human Resource Planning process and contains an immense significance for any organisation.

  A project report on study of statutory complainces

Statutory compliance and its immense knowledge are crucial to be understood in an organization. It contains all the forms, procedures and acts applicable in a company.

  Operant conditioning and Reinforcement

Operant conditioning is a learning process where behaviour is controlled by its consequences. In this process an individual's behaviour can be modified through the use of positive or negative reinforcement.

  Effectiveness of training programs in achieving customers an

The main motive for conducting this research is to provide broad range of research of the literature and their reviews related to training and development and assisting the employees in providing customers satisfaction.

  A critical analysis of hr processes and practices in fedex c

FedEx is illustrious for its novel HR processes and practices that have greatly accounted for its success.

  Integrating culture and diversity in decision making

People in the organization are known as Google where they share common goals and have common vision.

  Impact of employee attrition on people management in organis

Talent management implies recognizing a person's inherent skills, traits, personality and offering him a matching job.

  Labour dissonance at maruti suzuki india limited: a case stu

This Case Study focuses on various issues related to Labour Unrest at Maruti Suzuki India Limited.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd