Practice Productivity Adjusted Cumulative Downtime Costs (1.6) - Downtime Cost Calculation

Practice: Productivity Adjusted Cumulative Downtime Costs

Lesson 1.6Downtime Cost Calculation

Practise this section

8 questions

Flashcard drill
3 cards from this section. Quick, good the night before a test.
Exercise
6 questions · about 4 min · pass mark 70%. Hints available.
Sign up to start the exercise
Quiz
2 questions · about 1 min · pass mark 70%. Hints available.
Sign up to start the quiz

6 sample questions

Question 1.
What is the downtime cost per hour if the equipment cost is 900 rupees?
Show hintHide hint
Use the percentage formula.
Question 2.
Calculate the annual downtime cost for 2000 hours with the hourly downtime cost of 27 rupees.
Show hintHide hint
Multiply the hourly rate by the total hours.
3Question 3.
What is the downtime cost per hour if the equipment cost is 900 rupees?
- 27 rupees
- 18 rupees
- 30 rupees
Show hintHide hint
Remember the percentage calculation.
4Question 4.
Cumulative downtime cost is calculated by adding yearly costs.
- True
- False
Show hintHide hint
Think about how accumulating costs work.
Question 5.
Imagine your machine incurs downtime costs rising annually by 10%. If it starts at 54,000 rupees in Year 1, what will its cumulative cost be by the end of Year 3?
Show hintHide hint
Calculate yearly costs first then sum them.
Question 6.
If another machine costs 80% the price of the initial machine but has only 1/3 of the downtime, calculate its productivity cost advantage over three years.
Show hintHide hint
Setup equations considering the new machine's advantages in less downtime and lower costs.

4 more questions in this section. Enroll free to practise them all.