three bottling plants are making similar bottles. plants A makes 12 bottles per minute, plant B makes 7 bottles per minute and plant c makes 19. It cost 8 cents per bottle for plant A, 5 cents per bottle for plant B and 11 cents per bottle for plant c. A bodyguard needs to be hire for each individuals plants and is paid 30 per hour. ($60 will be paid if the guard works for one hour and one minute), which plant along will be the most efficient to make 120 bottles?
Answers
Given : three bottling plants are making similar bottles. plants A makes 12 bottles per minute, plant B makes 7 bottles per minute and plant c makes 19. It cost 8 cents per bottle for plant A, 5 cents per bottle for plant B and 11 cents per bottle for plant c
To find : which plant along will be the most efficient
Solution:
plants A makes 12 bottles per minute,
Bottles Made in 1 Hr = 12*60 = 720
Bottle Cost = 8 cent , bodyguard Cost = $ 30
Cost of 720 Bottle = 720 * 8/100 + 30 = 87.6 $
Per bottle Cost = 87.6/720 = 12.167 cents
plants B makes 7 bottles per minute,
Bottles Made in 1 Hr = 7*60 =420
Bottle Cost = 5 cent , bodyguard Cost = $ 30
Cost of 420 Bottle = 420 * 5/100 + 30 =51 $
Per bottle Cost = 51/420 = 12.14 cents
plants C makes 19 bottles per minute,
Bottles Made in 1 Hr = 19*60 =1140
Bottle Cost = 11 cent , bodyguard Cost = $ 30
Cost of 1140 Bottle = 1140 * 11/100 + 30 = 155.4 $
Per bottle Cost = 155.4/ 1140 = 13.63 cents
12.14 is least Cost
Plant B is most Efficient
But if only 120 bottle is to be made then Cost of body guard per bottle
= 30/120 = 25 cent per bottle ( as each plant can make 120 bottle in 1 hr )
Hence Plant B will be most efficient again
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Answer:
Plant A
100 minutes to produce 1200 bottles (1200/12)
100 minutes / 60 = 1.67 hours = 2 hours
Cost = (2 hours x $30/hour) + ($0.08/bottle x 1200 bottles)
$60 + $96 = $156
Plant B
171.4 minutes to produce 1200 bottles (1200/7)
171.4 minutes / 60 = 2.86 hours = 3 hours
Cost = (3 hours x $30/hour) + ($0.05/bottle x 1200 bottles)
$90 + $60 = $150
Plant C
63.2 minutes to produce 1200 bottles (1200/19)
63.2 minutes / 60 = 1.05 hours = 2 hours
Cost = (2 hours x $30/hour) + ($0.11/bottle x 1200 bottles)
$60 + $132 = $192
Answer: (b) Plant B
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