Dishwasher Economics
As we go through life, there
are many points at which we need to make decisions. Some of these decisions are
related to the purchase of such items as a home or automobile or others. One of
these others is an appliance. Nowadays there are many choices to be made for
any given type of appliance. There are various options such as color, size,
features etc. In this exercise we will investigate the economics of owning and
operating a dishwasher. As you will come to understand, there are many
considerations to be addressed in appreciating the evaluation of any product
for purchasing consideration. Though we may be viewing a dishwasher here, this
process can be applied to virtually any item. One outcome of this laboratory
exercise should instill a sense of an investigation through process when
mulling over a purchase.
Of course for each item, a
different set of points of consideration will be in order. When purchasing an
automobile, few people first contact their insurance company to determine how
this purchase will effect their annual insurance payments. Some of which can be
substantial over the life of owing the vehicle.
In this exercise, you will
determine the actual cost of operating a dishwasher. You may have one, which
you currently use and have the related manual as to its specifications or you
might have to go shopping for a dishwasher to collect the required information.
Although your current use of a dishwasher may be daily
or less frequent, make your final cost based on a one load per day as well as
an annual cost.
Here is a list of items for
you to collect and include in your report but it is by no means a complete set
of considerations.
After you have collected all
of the information complete a full set of calculations including formulas. Due
to the cost of some items being small individually, complete all numerical cost
values to 5 decimal places and round off only to the cents in your final computation.
Organize your report such that it is a logical easy to understand format.
Here are some useful
conversions as well as current coasts as provided by your instructor.