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You are looking to start a business after you inherited a rolling setup, like the one...

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Mechanical Engineering

You are looking to start a business after you inherited arolling setup, like the one from problem 2. You did a test run andmeasured P = 250kW, you will use this next. Also, you call youlocal power provider in Colorado and fin that the energy cost is11.2 cents/kWh.

From a metal producer, you can buy 3/8” thick by 12” wide 6061aluminum in 36 ft lengths. These are delivered to your warehouse ata cost of $1169 each.

You decide to buy the 38” sheet and roll it into 1/4” a sheet.You hire a shop worker to do this and he charges $35/hr. You alsoneed to add $20/hr overhead.

You want to sell 4 feet long sheet and you shop worker needs2mins to cut the rolled sheet into the 4 feet lengths and placethen on a pallet for shipment.

                                                        

Question: McMaster-Carr sells 1/4” x 12” x 48” sheets for$93.79, will you be able to sell yours for less? What is your costper 1/4” plate? Show your work.

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