Sign In
Not register? Register Now!
Essay Available:
Pages:
1 page/≈275 words
Sources:
1 Source
Level:
APA
Subject:
Mathematics & Economics
Type:
Math Problem
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 4.32
Topic:

Research and Describe The Total Cost of Ownership (TOC) (Math Problem Sample)

Instructions:

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.

source..
Content:


Total Cost of Ownership (TOC)
Name
Institution
Date
Besides the initial purchase price, there are other costs over the lifecycle of the asset or machinery, and when the asset can be resold there is a residual value at the end of the life (Monczka, Handfield, Giunipero & Patterson, 2016). The Total Cost of ownership (TCO) is the initial transaction cost, acquisition costs, and usage cost and the residual value and if resold salvage cost. I would recommend the Cuts All Model 10 model, since the total cost of ownership is $45,255 and lower than that of Super-Hot Model Z2 at $51,162.

...
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:

Other Topics:

  • Hypothesis Testing and Type Errors
    Description: In hypothesis testing, when a proposition identifies the direction of the difference it is a one-tailed test...
    10 pages/≈2750 words | No Sources | APA | Mathematics & Economics | Math Problem |
  • Math Basics Statstics
    Description: When the probability of one event affects the chance of another event occurring, the two events are said to be dependent probabilities....
    10 pages/≈2750 words | No Sources | APA | Mathematics & Economics | Math Problem |
  • Quanitive Analysis
    Description: Math Problem: Quanitive Analysis (Mathematics and Economics)...
    1 page/≈275 words | 1 Source | APA | Mathematics & Economics | Math Problem |
Need a Plagiarism Free Essay?
Submit your instructions!