TEST 2 DEC 2016 a) You just purchased a pin inserting machine to
relieve some bottleneck problems that have been QUESTION 1 created in manufacturing a PC board. The machine costs RM 56,000 and has an estimated service life of a) Explain the difference between an engineer and a 5 years. At that time, the estimated salvage value is scientist. RM 5,000. The machine is expected to operate CO1/PO6/A4 (6 marks) 2,500 hours per year. The expected annual operating and maintenance cost would be RM 6,000 per year. b) With examples, describe two elements of If your firms interest rate is 15 %, calculate the sustainable development in terms of the machine cost per hour. environment. CO4/PO12/A3(15 marks) CO2/PO7/A5(10 marks) b) Consider the investment project with the c) From the modern view point, describe the three following Net Cash Flow aspects that define management. CO1/PO6/A5(6 marks) Year Net cash flow 0 - RM 1,500 QUESTION 2 1 RM X 2 RM 650 a) Briefly explain the purpose of the Engineers Act 1967. 3 RM X CO3/PO8/A4(5 marks) Find the value of X if the projects IRR is 10 %. CO4/PO12/A3(6 marks) b) Describe solving approaches for an ethical case, when you suspect that your employee is involved in c) Suppose that Ralph invest RM 300 in a Unit Trust stealing the products. bond that is cashed in 10 years for RM 500. CO3/PO8/A4(6 marks) Determine the IRR for this investment. CO4/PO12/A3(6 marks) QUESTION 3 d) By replacing its assembly line conveyor with an Besides the proposal, give six elements of a asynchronous conveyor, ALI Manufacturing will contract. save RM 50,000 per year in rework and CO1/PO6/A2(10 marks) maintenance. The asynchronous conveyor will cost RM 275,000 with a life span of 15 years. If the QUESTION 4 benchmark of ALI Manufacturing is 10 %, decide Explain what is meant by monopoly and give four whether the asynchronous conveyor should be reasons that causes it to occur in the market. installed. Recommend a strategy for the monopolist to CO4/PO12/A3(8 marks) consider if it wants to sell more of its product or commodity. CO4/PO12/A4(10 marks) END OF QUESTION PAPER QUESTION 5 Briefly describe the activity of marketing and state what is a market. Give the four-marketing mix in a marketing environment. CO4/PO12/A4(12 marks)