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M1 Assignment No. 1

1. The document is an engineering economics assignment from the University of the East College of Engineering containing 8 problems to solve related to commissions, costs, discounts, salaries, investments, equipment installation, and pump selection. 2. Problem 1 asks to calculate the maximum production time per unit to meet a weekly demand of 35 units using an assembly line operating 7 hours a day, 5 days a week. 3. Problem 8 asks to determine which pump should be chosen for a land reclamation project based on price, maintenance cost, efficiency, and cost per kW-hr between two pump options.

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Mark Angelo M. Esclito
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355 views

M1 Assignment No. 1

1. The document is an engineering economics assignment from the University of the East College of Engineering containing 8 problems to solve related to commissions, costs, discounts, salaries, investments, equipment installation, and pump selection. 2. Problem 1 asks to calculate the maximum production time per unit to meet a weekly demand of 35 units using an assembly line operating 7 hours a day, 5 days a week. 3. Problem 8 asks to determine which pump should be chosen for a land reclamation project based on price, maintenance cost, efficiency, and cost per kW-hr between two pump options.

Uploaded by

Mark Angelo M. Esclito
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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UNIVERSITY OF THE EAST

COLLEGE OF ENGINEERING
ELECTRICAL ENGINEERING DEPARTMENT
CALOOCAN CAMPUS

ASSIGNMENT

ENGINEERING ECONOMY
SUBJ/SEC.:

SUBMITTED TO:
INSTRUCTOR

DATE SUBMITTED:
September 20, 2022

Engineering Economics
Assignment 1:
Solve the following and write your solution on a short bond paper.

1. A manufacturing firm maintains one product assembly line to produce signal


generators. The weekly demand for the generators is 35 units. The line operates
for seven hours per day, five days per week. What is the maximum production
time per unit in hours required of the line to meet the demand?

2. A person earns a 10% commission for every item he sells. If he sold a set of
encyclopedias for P700.00 instead of its original price of P800.00, how much less
of a commission does he earn?
In determining the cost involved in fabricating sub-assembly B within a company,
the following data have been gathered:
Direct material P0.30 per unit
Direct Labor P0.50 per unit
Testing set-up P300.00 per set up
It is decided to subcontract the manufacturing of assembly B to an outside
company. For an order of 100 units, what is the cost per unit that is acceptable to
the company?

3. A luxury car is 22.5% off on a year-end sale. The selling price is P348,750.00. What
is the price of the car?

4. A man bought a $20.00 book and wishes to sell it. At what price should he mark it
if he wishes to give a 40% discount and make a 50% profit on the cost?

5. The salary of an employee’s job had five levels, each one 5% greater than the one
below it. Due to circumstances, the salary of the employee must be reduced from
the top (fifth) level, which means a reduction of P3,000.00 per month. Compute the
employee’s present salary per month.

6. Peter invested P300,000.00 with 15% return in an electronic shop and 8% return in
real estate. His annual income from his investments is P40,000.00. how much did
he invest in the electronic shop?

7. An equipment installation job can be completed in 50 days of 8 hour/day work,


with 50 men working. With the contract expiring in 40 days and overtime not
permitted, the mechanical engineer-contractor decided to add 15 men on the job.
If the liquidated damages are P5,000.00/day of delay, and the men are paid
P150.00/day, how much money would he save with the additional workers?

8. A land reclamation project requires the use of a P50-hp pump. The project
engineer has a choice between pumps P and R. The price, maintenance cost, and
efficiency for pump P are: P70,000.00, P3,400.00 and 80%, while the respective
values for pump R are: P150,000.00, P8,500.00, and 90%. The pump selected will
be used for P10/ kW-hr, determine which pump should be chosen.

Solution:

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