Please answer this ASAP In manufacturing a kerosene stove, it isnecessary to make two half-inch holes in No. 22metal. If these are drilled with the help of agagejig, each hole will require one minute. The jigwill cost Php40.00. The drill press operatorreceives Phpl.10 per hour. The holes could memade also on a punch press at the rate of 2holes each 10 seconds. A die would be requiredat a cost of Php80.00. The punch operator willreceive Php0.90 per hour. If 1,000 stoves are tobe produced and the jig or die will have noscrap value (value of an asset after it has cometo the end of its useful life), which method willyou recommend?Please answer this with complete solutions

We have, Situation 1 (With the jig) Cost of jig = P 40.00 Speed of jig = 1 hole/minute Fees of…

Answered: In manufacturing a kerosene stove, it…

In manufacturing a kerosene stove, it is necessary to make two half-inch holes in No. 22 gage metal. If these are drilled with the help of a jig, each hole will require one minute. The jig

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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