Project presentation on Replcement
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The document presents a project on replacing the computer systems at ACCMAN INSTITUTE OF MANAGEMENT. It provides background on the institute, established in 2003. The objective is to analyze the condition of the existing 60 computer systems, purchased in 2006, and replace them if needed due to age or increased maintenance costs. Data is collected on maintenance costs from 2006-2011 and calculations show average costs are lowest in 2010-2011, so replacement after 5 years is recommended. Using a new higher-spec configuration could allow increasing the replacement period with lower maintenance costs. In conclusion, replacement theory proves an effective management tool for minimizing costs as machines deteriorate over time.
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This document discusses distribution selection for pump manufacturing companies. It presents a mathematical model for optimizing the allocation of demand from markets to production facilities while minimizing total costs. The model considers inputs like demand from markets, factory capacities and costs of production and transportation between factories and markets. The objective is to determine the optimal quantities to ship from each factory to each market. The document also provides examples of distribution selections for four Indian pump companies based on their most demanded regions. It concludes that the mathematical model and LINGO software can help identify the best distribution selections.
Arvind singh mahor -summer project report
This document provides an executive summary, background on NTPC Ltd and the Indian power sector, objectives of the project report, methodology used, and results.
The objectives were to provide an optimal financial model for NTPC's capital budget and structure to meet 12th Five Year Plan targets, and analyze power policies in India and China to enhance India's capacity.
The methodology included primary and secondary data collection, exploratory and mathematical analysis using tools like capital budgeting and Excel, and recommending policies.
The results showed that India needs improvements in various areas like capacity addition, operations, funding, costs, regulations and distribution to meet targets sustainably while transitioning to alternative energy sources.
RESUME_J K Saraff
This document contains a resume for Jay Kishan Saraff. It summarizes his work experience of over 5 years as Assistant Manager at Jindal Steel & Power Ltd., where he manages maintenance of heavy earth moving machinery. It also lists his educational qualifications from Indian Institute of Technology (ISM) Dhanbad, and includes sections on skills, achievements, and references.
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Project presentation on Replcement
- 1. Project on Replacement Presented By: Abhishek Singh KshitizSrivastava
- 4. Objective of the Project
- 5. Methodology
- 6. Data collection and Analysis
- 7. Conclusion
- 9. ACCMAN INSTITUTE OF MANAGEMENT Founded in the Year 2003 by BALIBHADRA FOUNDATION - a New Delhi based educational trust, promoted by a group of visionary and leading practicing professionals with a mission of providing high quality, relevant, career-oriented, Industry focused tailor-made business programmes at an affordable cost. F O U N D A T I O N
- 10. ACCMAN INSTITUTE OF MANAGEMENT Situated at - 46A/2, Knowledge Park – III, Greater Noida, G B Nagar, PIN - 201308 (U.P.) Contact details - Telephone: 0120 – 2323800 - 02 Fax: 0120-2323805 E-Mail: accmanschool@hotmail.com , info@accman.co.in
- 11. ACCMAN INSTITUTE OF MANAGEMENT Construction work in Progress. In January 2005.
- 12. ACCMAN INSTITUTE OF MANAGEMENT Construction work at completion stage, June 2006.
- 13. ACCMAN INSTITUTE OF MANAGEMENT Opening year 2006 Front Office
- 14. ACCMAN INSTITUTE OF MANAGEMENT
- 16. Dr. K B L Mathur Former Chief Economic Advisor, Govt. of India.
- 17. Prof. B D SINGH Ex. Chairman NALCO, Sr. Prof at IMT Ghaziabad.
- 18. ShriJaspalRana, Arjuna& Padam- Shree Awardees and Gold Medalist in Asian & Common wealth Games
- 19. Prof. Rajiv Singh FCA , Senior faculty and Member, Board of Governors, ACCMAN Institute, praising the anchor of the programme
- 20. ShriAseemChawla, Partner Amarchand & Mangal Das & Suresh Shroff & Co. Member Executive Committee of Income Tax Appellate Tribunal
- 22. 2008: Institute increases the seats of PGDM from 60 to 120.
- 23. 2009: Institute got the permission of running PGDM-Marketing course from the All India Council of Technical Education merely 4 years after their establishment.
- 25. Replace the computer System, If needed.
- 28. Its scrap value is constant and
- 29. The Money value is not considered. Let C = Cost of Machine S = Scrap value of the machine at time t. and, Cm(t) = Maintenance cost of machine at time t, [Cm(t) increases with t]. Case 1 : When time ‘t’ is a continuous variable.
- 32. Purchased on 30th July 2006.
- 33. Two Computer Attendant with salary Rs.4000 each.
- 34. Two Lab Assistant with salary Rs. 6000 each.
- 36. Calculations of Average Running Cost for System
- 37. The calculations in table show that the average cost is lowest during the 2010-11 year. Hence, the machine should be replaced after fifth year, otherwise the average cost per year for running the machine would start increasing.
- 39. 2GB RAM
- 40. 160 GB Hard disk
- 41. DVD ROM
- 42. Inter original Mother board
- 45. Cost of one System 20,000 Rs.
- 46. One System consume 150W.Other things are same as previous .
- 47. Yearly Total Maintenance cost-:
- 48. Calculations of Average Running Cost for new machine
- 49. Conclusion From this project we came to the conclusion that after a certain period of time each and every machine deteriorates and it needs to be replaced by the new one for minimizing the maintenance cost. For this purpose Replacement Theory proves to be the best Management Science Tool.
- 52. Mr. AvnishSheth
- 53. Mr. J.S. Rana