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Topic: Business
Number of pages / Number of words: 4 / 1040
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We do not need to take the hidden costs into consideration because it is not affected by reducing the driving time or pad changing time. So (420–19)min /60min = 6 hrs 41 min time saving. Because the contractors have to spend $100 per hour, Colerick probably save about $668/6 pads =$111.33 on equipment rental, labor and overhead costs for this work by using CMI’s pads...


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So the worth of CMI’s pad is $166.67+$111.33 = $278.00

CMI should choose the option to purchase the $50000 permanent tooling, because it will reduce cost per unit by $78.94. By this cost saving alone we can get back the money we invested in the tooling in less than 3 months. This will maximize profit in the long run...


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Once Upon A time Transportation Costs and International Trade Over Time News Is it prime time or all the time? Out of TIme Time Mongols Changing Over Time End Of Time Our Time Time Management: Putting Time On Your Side Time in 750 bc it is time changing the driving age It's time to raise the driving age New Social Movements: Changing America One Step at a Time Just In Time

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