Question

The chester company will increase its automation for the cid product by 2.0. Assuming no further change in capacity, how much will this investment in automation cost?

Answer 1

by 2.0. Assuming no further change in capacity, how much will this investment. ... total cost of automation as percentage = 7.0/( 7.0+9.17+ 14.04) to increase

Answer 2

CORRECT QUESTION:

The correct question is attached.

ANSWER:

The cost of automation will be $ $8,800,000$.

Step-by-step explanation:

Given: Details about the Chester company.

To find ' What will be the cost of automation.'

Solution:

• Current automation is $7$%.
• The capacity of the next round is $1,100$.
• New automation will be $7+2=9$
• The investment in automation cost will be: $$8,800,000$

                Capacity × $( 4$ × New automation - Previous automation) × $1000$                        

                  $1100$ × ($4$ × $($ $9-7)$ $)$ × $1000$

                 $1100$ × $8000$

                 = $8,800,000$

• Therefore, the cost of automation will be $ $8,800,000$.

PROJECT CODE: #SPJ3

1. Explain ‘ what is investment? Give a few examples of investment ' please refer to:

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2. For questions like 'What is an investment function? 'please refer to:

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