1.5 - Economics Analysis
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions
Calculate the balance number of trucks given truck cycle time is 39.5 seconds and loader cycle time is 5.5 seconds.
💡 Hint: Divide the truck cycle time by the loader cycle time.
If you have 6 trucks, with each having a productivity of 12.53 m³/h, what is the total productivity?
💡 Hint: Multiply the number of trucks by the individual truck productivity.
4 more questions available
Interactive Quizzes
Quick quizzes to reinforce your learning
What is the balance number of trucks if the truck cycle time is 39.5s and the loader cycle time is 5.5s?
💡 Hint: Perform the division correctly.
True or False: The productivity increases indefinitely with more trucks.
💡 Hint: Consider the limits imposed by machinery.
2 more questions available
Challenge Problems
Push your limits with advanced challenges
Given a loader's productivity is capped at 90 m³/hr and a truck's cycle time is not constant, determine how fluctuating cycle times affect overall efficiency. Analyze the shift in unit production costs as the truck cycle time varies.
💡 Hint: Factor in how cycle variances can create lags in productivity.
If the loader efficiency increases and can handle 100 m³/hr while all trucks maintain a productivity of 12.53 m³/hr, calculate the minimum number of trucks required to optimize costs while considering economic analysis principles.
💡 Hint: Remember to reassess loader productivity against truck output.
Get performance evaluation
Reference links
Supplementary resources to enhance your learning experience.