Mechanical Engineering Exam > Mechanical Engineering Questions > In a large maintenance department, fitters d...
Start Learning for Free
In a large maintenance department, fitters draw parts from the parts store which is at present staffed by one store man. The maintenance foreman is concerned about the time spent by fitters getting parts and wants to know if the employment of a store labourer to assist the store man would be worthwhile. It was found that 1. fitters cost Rs.2.50/hour 2. store man costs Rs.2/hour and can deal on the average with 10 fitter per hour 3. a labourer could be employed at Rs.1.75/hour and would increase the service capacity of the store to 12/hour 4. on an average 8 fitters visit the store each hour What would be the net savings or loss if an extra labourer is employed?
- a)3.0
- b)3.5
Correct answer is between ' 3.0, 3.5'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Verified Answer
In a large maintenance department, fitters draw parts from the parts ...
Without labourer:
= 4
Cost/hour = 4 × 2.50 = Rs. 10
With labourer: λ = 8/hour; μ = 12/hour
` 
= 2
Cost/hour = cost of fitters/hour + cost of labourer hour
= 2 × 2.50 + 1.75
= Rs. 6.75
Net savings = 10 − 6.75 = Rs 3.25
Most Upvoted Answer
In a large maintenance department, fitters draw parts from the parts ...
Analysis:
To determine the net savings or loss if an extra laborer is employed, we need to compare the cost of the current system (with one store man) to the cost of the proposed system (with one store man and one laborer).
Cost of Current System:
In the current system, the store man handles 10 fitters per hour and costs Rs. 2/hour. The fitters cost Rs. 2.50/hour. We are given that on average, 8 fitters visit the store each hour.
The cost of the store man per hour is Rs. 2 and he serves 10 fitters. Therefore, the cost of the store man per fitter is Rs. 2/10 = Rs. 0.20.
The total cost of the fitters per hour is Rs. 2.50 * 8 = Rs. 20.
Therefore, the total cost of the current system per hour is Rs. 20 + Rs. 2 = Rs. 22.
Cost of Proposed System:
In the proposed system, there would be one store man and one laborer. The laborer is employed at a cost of Rs. 1.75/hour and increases the service capacity of the store to 12 fitters per hour.
The cost of the store man remains the same at Rs. 2/hour. The fitters still cost Rs. 2.50/hour. The laborer costs Rs. 1.75/hour.
The cost of the store man per fitter remains the same at Rs. 0.20.
The total cost of the fitters per hour is Rs. 2.50 * 8 = Rs. 20.
The total cost of the laborer per hour is Rs. 1.75.
Therefore, the total cost of the proposed system per hour is Rs. 20 + Rs. 2 + Rs. 1.75 = Rs. 23.75.
Net Savings or Loss:
To calculate the net savings or loss, we subtract the cost of the current system from the cost of the proposed system.
Net Savings or Loss = Cost of Proposed System - Cost of Current System
= Rs. 23.75 - Rs. 22
= Rs. 1.75.
Therefore, the net savings or loss if an extra laborer is employed is Rs. 1.75.
Conclusion:
The net savings or loss if an extra laborer is employed is Rs. 1.75.
To determine the net savings or loss if an extra laborer is employed, we need to compare the cost of the current system (with one store man) to the cost of the proposed system (with one store man and one laborer).
Cost of Current System:
In the current system, the store man handles 10 fitters per hour and costs Rs. 2/hour. The fitters cost Rs. 2.50/hour. We are given that on average, 8 fitters visit the store each hour.
The cost of the store man per hour is Rs. 2 and he serves 10 fitters. Therefore, the cost of the store man per fitter is Rs. 2/10 = Rs. 0.20.
The total cost of the fitters per hour is Rs. 2.50 * 8 = Rs. 20.
Therefore, the total cost of the current system per hour is Rs. 20 + Rs. 2 = Rs. 22.
Cost of Proposed System:
In the proposed system, there would be one store man and one laborer. The laborer is employed at a cost of Rs. 1.75/hour and increases the service capacity of the store to 12 fitters per hour.
The cost of the store man remains the same at Rs. 2/hour. The fitters still cost Rs. 2.50/hour. The laborer costs Rs. 1.75/hour.
The cost of the store man per fitter remains the same at Rs. 0.20.
The total cost of the fitters per hour is Rs. 2.50 * 8 = Rs. 20.
The total cost of the laborer per hour is Rs. 1.75.
Therefore, the total cost of the proposed system per hour is Rs. 20 + Rs. 2 + Rs. 1.75 = Rs. 23.75.
Net Savings or Loss:
To calculate the net savings or loss, we subtract the cost of the current system from the cost of the proposed system.
Net Savings or Loss = Cost of Proposed System - Cost of Current System
= Rs. 23.75 - Rs. 22
= Rs. 1.75.
Therefore, the net savings or loss if an extra laborer is employed is Rs. 1.75.
Conclusion:
The net savings or loss if an extra laborer is employed is Rs. 1.75.
Attention Mechanical Engineering Students!
To make sure you are not studying endlessly, EduRev has designed Mechanical Engineering study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Mechanical Engineering.
|
Explore Courses for Mechanical Engineering exam
|
|
Similar Mechanical Engineering Doubts
Top Courses for Mechanical EngineeringView all
In a large maintenance department, fitters draw parts from the parts store which is at present staffed by one store man. The maintenance foreman is concerned about the time spent by fitters getting parts and wants to know if the employment of a store labourer to assist the store man would be worthwhile. It was found that 1. fitters cost Rs.2.50/hour 2. store man costs Rs.2/hour and can deal on the average with 10 fitter per hour 3. a labourer could be employed at Rs.1.75/hour and would increase the service capacity of the store to 12/hour 4. on an average 8 fitters visit the store each hour What would be the net savings or loss if an extra labourer is employed?a) 3.0b) 3.5Correct answer is between ' 3.0, 3.5'. Can you explain this answer?
Question Description
In a large maintenance department, fitters draw parts from the parts store which is at present staffed by one store man. The maintenance foreman is concerned about the time spent by fitters getting parts and wants to know if the employment of a store labourer to assist the store man would be worthwhile. It was found that 1. fitters cost Rs.2.50/hour 2. store man costs Rs.2/hour and can deal on the average with 10 fitter per hour 3. a labourer could be employed at Rs.1.75/hour and would increase the service capacity of the store to 12/hour 4. on an average 8 fitters visit the store each hour What would be the net savings or loss if an extra labourer is employed?a) 3.0b) 3.5Correct answer is between ' 3.0, 3.5'. Can you explain this answer? for Mechanical Engineering 2024 is part of Mechanical Engineering preparation. The Question and answers have been prepared according to the Mechanical Engineering exam syllabus. Information about In a large maintenance department, fitters draw parts from the parts store which is at present staffed by one store man. The maintenance foreman is concerned about the time spent by fitters getting parts and wants to know if the employment of a store labourer to assist the store man would be worthwhile. It was found that 1. fitters cost Rs.2.50/hour 2. store man costs Rs.2/hour and can deal on the average with 10 fitter per hour 3. a labourer could be employed at Rs.1.75/hour and would increase the service capacity of the store to 12/hour 4. on an average 8 fitters visit the store each hour What would be the net savings or loss if an extra labourer is employed?a) 3.0b) 3.5Correct answer is between ' 3.0, 3.5'. Can you explain this answer? covers all topics & solutions for Mechanical Engineering 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In a large maintenance department, fitters draw parts from the parts store which is at present staffed by one store man. The maintenance foreman is concerned about the time spent by fitters getting parts and wants to know if the employment of a store labourer to assist the store man would be worthwhile. It was found that 1. fitters cost Rs.2.50/hour 2. store man costs Rs.2/hour and can deal on the average with 10 fitter per hour 3. a labourer could be employed at Rs.1.75/hour and would increase the service capacity of the store to 12/hour 4. on an average 8 fitters visit the store each hour What would be the net savings or loss if an extra labourer is employed?a) 3.0b) 3.5Correct answer is between ' 3.0, 3.5'. Can you explain this answer?.
In a large maintenance department, fitters draw parts from the parts store which is at present staffed by one store man. The maintenance foreman is concerned about the time spent by fitters getting parts and wants to know if the employment of a store labourer to assist the store man would be worthwhile. It was found that 1. fitters cost Rs.2.50/hour 2. store man costs Rs.2/hour and can deal on the average with 10 fitter per hour 3. a labourer could be employed at Rs.1.75/hour and would increase the service capacity of the store to 12/hour 4. on an average 8 fitters visit the store each hour What would be the net savings or loss if an extra labourer is employed?a) 3.0b) 3.5Correct answer is between ' 3.0, 3.5'. Can you explain this answer? for Mechanical Engineering 2024 is part of Mechanical Engineering preparation. The Question and answers have been prepared according to the Mechanical Engineering exam syllabus. Information about In a large maintenance department, fitters draw parts from the parts store which is at present staffed by one store man. The maintenance foreman is concerned about the time spent by fitters getting parts and wants to know if the employment of a store labourer to assist the store man would be worthwhile. It was found that 1. fitters cost Rs.2.50/hour 2. store man costs Rs.2/hour and can deal on the average with 10 fitter per hour 3. a labourer could be employed at Rs.1.75/hour and would increase the service capacity of the store to 12/hour 4. on an average 8 fitters visit the store each hour What would be the net savings or loss if an extra labourer is employed?a) 3.0b) 3.5Correct answer is between ' 3.0, 3.5'. Can you explain this answer? covers all topics & solutions for Mechanical Engineering 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In a large maintenance department, fitters draw parts from the parts store which is at present staffed by one store man. The maintenance foreman is concerned about the time spent by fitters getting parts and wants to know if the employment of a store labourer to assist the store man would be worthwhile. It was found that 1. fitters cost Rs.2.50/hour 2. store man costs Rs.2/hour and can deal on the average with 10 fitter per hour 3. a labourer could be employed at Rs.1.75/hour and would increase the service capacity of the store to 12/hour 4. on an average 8 fitters visit the store each hour What would be the net savings or loss if an extra labourer is employed?a) 3.0b) 3.5Correct answer is between ' 3.0, 3.5'. Can you explain this answer?.
Solutions for In a large maintenance department, fitters draw parts from the parts store which is at present staffed by one store man. The maintenance foreman is concerned about the time spent by fitters getting parts and wants to know if the employment of a store labourer to assist the store man would be worthwhile. It was found that 1. fitters cost Rs.2.50/hour 2. store man costs Rs.2/hour and can deal on the average with 10 fitter per hour 3. a labourer could be employed at Rs.1.75/hour and would increase the service capacity of the store to 12/hour 4. on an average 8 fitters visit the store each hour What would be the net savings or loss if an extra labourer is employed?a) 3.0b) 3.5Correct answer is between ' 3.0, 3.5'. Can you explain this answer? in English & in Hindi are available as part of our courses for Mechanical Engineering.
Download more important topics, notes, lectures and mock test series for Mechanical Engineering Exam by signing up for free.
Here you can find the meaning of In a large maintenance department, fitters draw parts from the parts store which is at present staffed by one store man. The maintenance foreman is concerned about the time spent by fitters getting parts and wants to know if the employment of a store labourer to assist the store man would be worthwhile. It was found that 1. fitters cost Rs.2.50/hour 2. store man costs Rs.2/hour and can deal on the average with 10 fitter per hour 3. a labourer could be employed at Rs.1.75/hour and would increase the service capacity of the store to 12/hour 4. on an average 8 fitters visit the store each hour What would be the net savings or loss if an extra labourer is employed?a) 3.0b) 3.5Correct answer is between ' 3.0, 3.5'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
In a large maintenance department, fitters draw parts from the parts store which is at present staffed by one store man. The maintenance foreman is concerned about the time spent by fitters getting parts and wants to know if the employment of a store labourer to assist the store man would be worthwhile. It was found that 1. fitters cost Rs.2.50/hour 2. store man costs Rs.2/hour and can deal on the average with 10 fitter per hour 3. a labourer could be employed at Rs.1.75/hour and would increase the service capacity of the store to 12/hour 4. on an average 8 fitters visit the store each hour What would be the net savings or loss if an extra labourer is employed?a) 3.0b) 3.5Correct answer is between ' 3.0, 3.5'. Can you explain this answer?, a detailed solution for In a large maintenance department, fitters draw parts from the parts store which is at present staffed by one store man. The maintenance foreman is concerned about the time spent by fitters getting parts and wants to know if the employment of a store labourer to assist the store man would be worthwhile. It was found that 1. fitters cost Rs.2.50/hour 2. store man costs Rs.2/hour and can deal on the average with 10 fitter per hour 3. a labourer could be employed at Rs.1.75/hour and would increase the service capacity of the store to 12/hour 4. on an average 8 fitters visit the store each hour What would be the net savings or loss if an extra labourer is employed?a) 3.0b) 3.5Correct answer is between ' 3.0, 3.5'. Can you explain this answer? has been provided alongside types of In a large maintenance department, fitters draw parts from the parts store which is at present staffed by one store man. The maintenance foreman is concerned about the time spent by fitters getting parts and wants to know if the employment of a store labourer to assist the store man would be worthwhile. It was found that 1. fitters cost Rs.2.50/hour 2. store man costs Rs.2/hour and can deal on the average with 10 fitter per hour 3. a labourer could be employed at Rs.1.75/hour and would increase the service capacity of the store to 12/hour 4. on an average 8 fitters visit the store each hour What would be the net savings or loss if an extra labourer is employed?a) 3.0b) 3.5Correct answer is between ' 3.0, 3.5'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice In a large maintenance department, fitters draw parts from the parts store which is at present staffed by one store man. The maintenance foreman is concerned about the time spent by fitters getting parts and wants to know if the employment of a store labourer to assist the store man would be worthwhile. It was found that 1. fitters cost Rs.2.50/hour 2. store man costs Rs.2/hour and can deal on the average with 10 fitter per hour 3. a labourer could be employed at Rs.1.75/hour and would increase the service capacity of the store to 12/hour 4. on an average 8 fitters visit the store each hour What would be the net savings or loss if an extra labourer is employed?a) 3.0b) 3.5Correct answer is between ' 3.0, 3.5'. Can you explain this answer? tests, examples and also practice Mechanical Engineering tests.
|
|
Explore Courses for Mechanical Engineering exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup