Capital recovery portion consists

Assignment Help Business Economics

Reference no: EM13837309

In an annual worth calculation, the capital recovery portion consists of all the following EXCEPT:

Initial investment

Salvage value

Annual operating cost

Non-recurring costs

Normal Failure Law

The lifetime of a component can be described by a Normal Failure Law (i.e. the Failures of such component is following a Normal Distribution). The Mean lifetime is 5900 hours and the standard deviation of the lifetime is 700 hours.

(a) What is the probability that a component will function for a time-period of 4500 hours? (i.e. there is no failure until after 4500 hours.)

(b) What is the probability that one of such component will be functioning between (5900-700, 5900+700) hours?

Reference no: EM13837309

Questions Cloud

When will it finish and what will it cost at completion : A project is scheduled to last 12 months and cost $1,000,000. At Month 5, the Earned Value (EV) is $200K, the Planned Value (PV) is $400K and the Actual Cost (AC) is $100K. When will it finish and what will it cost at completion? As a CEO, what woul..

Identify the relevant literature : Why is your topic important? What is(are) the policy(s) that you are going to discuss in your paper? Identify the relevant literature

Calculate the short run equilibrium price and quantity : Perfect Competition We have only one type of firms in the market with the total cost of production C = Q2 + 25. The fixed cost of production is F C = 16. The market demand is P =50-0.6Q.

The effectiveness of pay for performance plans note : The Effectiveness of Pay for Performance Plans Note: paper must be a minimum of 3 full double-spaced pages and a maximum of 5 pages. You may use your textbook as a source, but you must have a minimum of 3 non-text sources as well. Please document you..

Capital recovery portion consists : In an annual worth calculation, the capital recovery portion consists of all the following EXCEPT: The Mean lifetime is 5900 hours and the standard deviation of the lifetime is 700 hours. What is the probability that a component will function for a t..

The university requires proof of compulsory vaccinations : The university requires proof of compulsory vaccinations (including 2 shots of the MMR vaccine) for its students but not its faculty. Provide economic justification for this different approach to student and faulty vaccination requirements.

Describe features of the potential database : List the major topics of the database to track concerts and venues - Write a draft statement of work, including a brief history, a statement of scope, objectives, and preliminary timeline.

Lesotho highlands water projects : What lessons can we learn from the Chad-Cameroon Oil Pipeline and the Lesotho Highlands Water projects? What corrective measures should be taken?

Optimal number of the two different media player models : The sales manager for ABC Electronics wants to maximize his profit on the sale of two portable media player models, JVD-2000 and MDP-72. The wholesale costs of these models are $310 and $100 per unit respectively. The retail sales prices are $420 and..

User Account

All Pages