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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?
💡 Hint: Use 3% of the equipment cost.
Question 2
Easy
How many operating hours are in a year?
💡 Hint: Consider typical working conditions for machinery.
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 for the first year?
- 54,000 rupees
- 27,000 rupees
- 1,08,000 rupees
💡 Hint: Think about the equation: Cost per hour multiplied by total hours.
Question 2
True or False: Obsolescence costs decrease as machines age.
- True
- False
💡 Hint: Consider how new technology impacts older machines.
Solve 1 more question and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
Analyze how varying percentages of obsolescence cost impact overall operational efficiency in a hypothetical scenario.
💡 Hint: Consider variables like operational demands and equipment efficiency.
Question 2
Given a total cumulative downtime cost over three years, predict the optimal replacement strategy and its financial implications.
💡 Hint: Consider past cumulative costs and potential production improvement.
Challenge and get performance evaluation