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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
Calculate the downtime cost per hour for equipment that costs 900 rupees, with a downtime percentage of 3%.
💡 Hint: Use the formula: (downtime percentage * equipment cost) / 100.
Question 2
Easy
If a machine operates 1,500 hours, what is the total downtime cost at 54 rupees per hour?
💡 Hint: Multiply the hourly cost by the total hours of operation.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What is the initial downtime cost per hour for a machine that costs 900 rupees?
- 27 rupees
- 54 rupees
- 90 rupees
💡 Hint: Remember to use the percentage formula.
Question 2
True or False: The obsolescence cost increases as machines grow older.
- True
- False
💡 Hint: Consider how newer models might perform better.
Solve and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
Calculate the total downtime and obsolescence costs for a machine over three operating years given the following rates: Year 1 - 3%, Year 2 - 6%, Year 3 - 12%.
💡 Hint: Break it down year by year, adding each year's costs.
Question 2
Given that the cumulative costs are minimum in the fourth year, determine the implications of using a machine beyond its economic life.
💡 Hint: Think about the return compared to the costs of keeping old equipment.
Challenge and get performance evaluation