Shady Lanes Installed Automatic Sprinkler Systems

question 92

Short Answer

Shady Lanes installed automatic sprinkler systems.The electrical work for the installation was $24,000.The invoice price of the sprinkler equipment was $280,000.Additional costs were $5,000 for delivery and $800 for insurance during transportation.During installation a sprinkler line was punctured and was replaced for $200.What is the cost of the sprinkler equipment?

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Definitions:

Autocratic Organizations

Organizations characterized by centralized decision-making, where control is exercised by a single leader, leading to quicker decision-making but potentially lower employee morale.

Deming Management

A comprehensive management approach proposed by W. Edwards Deming, focusing on quality improvement, increased productivity, reduced costs, and customer satisfaction through statistical methods.

Everyone's Job

A principle suggesting that a specific task or responsibility is shared among all members of a group or organization.

Run Chart

A graphical tool used in process improvement that displays observed data in a time sequence to identify trends or patterns over time.