Question

In: Mechanical Engineering

compare these machines in terms of cost and specify the reasons: extrusion machine, injection molding, and...

compare these machines in terms of cost and specify the reasons: extrusion machine, injection molding, and hot press machine

Solutions

Expert Solution

Extrusion is a continuous process used to make sheet, pipe and profiles, film and coating, wire covering, filaments and fibers, feeding blow molders, and mixing/making pellets for other processes, including injection molding. Continuous extrusion dominates these markets -- there are ways to extrude into a closed mold, perhaps useful for low-volume applications. Almost all injection molding really does this, too, using a screw to melt the material, and then as a piston to force the melt into the mold. However, these processes are always called "injection," and the use of the phrase "extrusion molding" is confusing without further explanation.

Basically, injection FILLS molds, blow molding (and sheet thermoforming) draws material to the mold surfaces. As a result, injection mounds need to take much more pressure and are therefore much more expensive.

Hot press machines are relatively much less expensive than the above two machines because of the kind of work that it is involved in and the quamquan of work it does.

Average costs are as follows:

Extrusion machine:10lakh /set

Injection molding :15lakh/set

Hot press machine:20000Rs.


Related Solutions

Compare and contrast plastic injection molding and vacuum forming or molding
Compare and contrast plastic injection molding and vacuum forming or molding
Anderson Manufacturing​ Co., a small fabricator of​ plastics, needs to purchase an extrusion molding machine for...
Anderson Manufacturing​ Co., a small fabricator of​ plastics, needs to purchase an extrusion molding machine for ​$130,000. Kersey will borrow money from a bank at an interest rate of 12​% over five years. Anderson expects its product sales to be slow during the first​ year, but to increase subsequently at an annual rate of 8​%. Anderson therefore arranges with the bank to pay off the loan on a​ "balloon scale," which results in the lowest payment at the end of...
Two injection molding machines are used to make the same part. The part warpage from the...
Two injection molding machines are used to make the same part. The part warpage from the two machines have known standard deviations of ?1 = 0.012 and ?2 = 0.018. The engineering team believes that the two machines have the same mean warpages. 12 samples from each machine are collected, and the sample means are calculated at ?̅1 = 0.036 and ?̅2 = 0.034. (a) Is the engineering team correct? Use the appropriate hypothesis test with α = 0.05 to...
An injection molding machine can be purchased and installed for $90,000. It is in the seven-year...
An injection molding machine can be purchased and installed for $90,000. It is in the seven-year GDS property class and is expected to be kept in service for eight years. It is believed that $10,000 can be obtained when the machine is disposed of at the end of year eight. The net annual value added (i.e., revenues less expenses) that can be attributed to this machine is constant over eight years and amounts to $15,000. An effective income tax rate...
The Wagner Company currently uses an injection-molding machine that was purchased 2 years ago. This machine...
The Wagner Company currently uses an injection-molding machine that was purchased 2 years ago. This machine is being depreciation on a straight-line basis, and it has 6 years of remaining life. Its current book value is $2,100, and it can be sold for $2,500 at this time. Thus, the annual depreciation expense is $2,100/6=$350 per year. If the old machine is not replaced, it can be sold for $500 at the end of its useful life. Wagner is offered a...
The Wagner Company currently uses an injection-molding machine that was purchased 2 years ago. This machine...
The Wagner Company currently uses an injection-molding machine that was purchased 2 years ago. This machine is being depreciation on a straight-line basis, and it has 6 years of remaining life. Its current book value is $2,100, and it can be sold for $2,500 at this time. Thus, the annual depreciation expense is $2,100/6=$350 per year. If the old machine is not replaced, it can be sold for $500 at the end of its useful life. Wagner is offered a...
FinTronics currently uses an injection-molding machine that was purchased two years ago for $24,000. The machine...
FinTronics currently uses an injection-molding machine that was purchased two years ago for $24,000. The machine is being depreciated on a straight-line basis to a zero salvage value and it has six years of remaining depreciable life (two years have already passed) and its current market value is $3,000. If FinTronics keeps the old machine it would have no salvage value in six years. FinTronics has been offered a replacement machine that has a cost of $24,000, an estimated useful...
The Wagner Company currently uses an injection-molding machine that was purchased 2 years ago. This machine...
The Wagner Company currently uses an injection-molding machine that was purchased 2 years ago. This machine is being depreciated on a straight-line basis, and it has 6-years of remaining life. Its current book value is $2,100, and it can be sold for $2,500 at this time. Thus, the annual depreciation expense is $350 [($2,100/6) = $350 per year]. If the old machine is not replaced, it can be sold for $500 at the end of its useful life. Wagner is...
ABC company is considering two different injection molding machines for the new production line. They have...
ABC company is considering two different injection molding machines for the new production line. They have to choose one of these two models. The cost data for the two alternatives are given in the table below. MARR is 10%. X21-T Model Z24-T Initial cost $440K $580K Annual operating cost 75K 35K Benefits /Year 150K 130K Salvage value 35K 30K Life 12 Years for both a) Calculate the rate of return for each alternative. What is your conclusion for part a?...
An injection molding system has a first cost of $165,000 and an annual operating cost of...
An injection molding system has a first cost of $165,000 and an annual operating cost of $83,000 in years 1 and 2, increasing by $6,000 per year thereafter. The salvage value of the system is 25% of the first cost regardless of when the system is retired within its maximum useful life of 5 years. Using a MARR of 13% per year, determine the ESL and the respective AW value of the system. The ESL is X year(s) and AW...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT