Assignment:
Q1. What is additive manufacturing? Discuss the advantages and disadvantages of 3D printing.
Q2. Borges Machine Shop, Inc., has a 1-year contract for the production of 200,000 gear housings for a new off-road vehicle. Owner Luis Borges hopes the contract will be extended and the volume increased next year. Borges has developed costs for three alternatives. They are general-purpose equipment (GPE), flexible manufacturing system (FMS), and expensive, but efficient, dedicated machine (DM). The cost data follow:
General Flexible manufacturing Dedicated
Purpose Equip. system Machine
|
Annual contracted units
|
200,000
|
200,000
|
200,000
|
|
Annual tired cost
|
$100,000
|
$200,000
|
1500,000
|
|
Per unit variable cost
|
S 15.00
|
1 14.00
|
S 13.00
|
Which process is best for this contract?
Provide complete and step by step solution for the question and show calculations and use formulas.