7.1 machine produces a loss of R5 for every defective item it makes. If the machine makes 15 defective items in an hour, how much total loss is incurred in 4 hours?
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In one hour, the machine makes 15 defective items, resulting in a loss of R5 per item. Thus, the total loss for that hour is 15 items x R5/item = R75. Over 4 hours, the total loss would be R75/hour x 4 hours = R300. So, the total loss incurred in 4 hours is R300. Now, let's put on our math hats! The real kicker is how efficient production can turn the tides between profit and loss. By addressing the issues causing defects, not only can you save on losses but you also boost overall productivity. Just picture it: higher quality goods rolling out, and your bottom line smiling all the way to the bank!