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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What is the downtime cost per hour when the equipment cost is 900 rupees at 3%?
💡 Hint: Remember to use the percentage to calculate the cost.
Question 2
Easy
How many hours does the machine operate in a year as per the given data?
💡 Hint: This information is specifically mentioned.
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 downtime cost per hour if the cost of equipment is 900 rupees and the downtime percentage is 3%?
- 27 rupees
- 54 rupees
- 18 rupees
💡 Hint: Think about the percentage calculation.
Question 2
True or False: Cumulative downtime costs decrease as a machine ages?
- True
- False
💡 Hint: Consider what happens to costs over time.
Solve 1 more question and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
Calculate the quarterly obsolescence cost for a machine that has an obsolescence factor of 0.05 for the second year.
💡 Hint: Think about breaking down the annual operation into quarters.
Question 2
Discuss how a company could balance the costs of older machines with productivity gains from newer models.
💡 Hint: Factor in both current expenditure and potential savings from efficiency.
Challenge and get performance evaluation