Practice - Cumulative Downtime Cost
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Practice Questions
Test your understanding with targeted questions
Calculate the downtime cost per hour for an equipment cost of 900 rupees.
💡 Hint: Use the formula Downtime Cost = (Percentage × Equipment Cost) / 100.
How much is the yearly downtime cost for operating 2000 hours at a downtime cost of 27 rupees?
💡 Hint: Multiply the downtime cost per hour by the number of operational hours.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What is the initial downtime cost per hour for equipment costing 900 rupees?
💡 Hint: Recall the formula for downtime cost.
True or False: A higher obsolescence cost means increased efficiency of old equipment.
💡 Hint: Consider how efficiency impacts costs.
2 more questions available
Challenge Problems
Push your limits with advanced challenges
A piece of machinery has an equipment cost of 800 rupees. If the downtime percentage is projected to rise to 8% after 3 years, calculate the estimated downtime cost per hour and year at that rate. How will it change the cumulative costs?
💡 Hint: Use the same calculation strategies as before.
Using the data provided for the last three years, construct a table that summarizes the cumulative downtime cost for each year and potential implications for future financial planning.
💡 Hint: This task focuses on summarizing previous calculations into a more visual format.
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