What does 1 MW capacity mean?
Megawatts are used to measure the output of a power plant or the amount of electricity required by an entire city. One megawatt (MW) = 1,000 kilowatts = 1,000,000 watts. For example, a typical coal plant is about 600 MW in size.
What does plant capacity factor indicate Mcq?
MCQ: What is the plant capacity factor? A ratio of kWh generated to the product of plant capacity and the number of hours for which the plant is in operation. The ratio of sum of individual maximum demands to the maximum demand on power stations. The ratio of actual energy produced to the maximum possible energy.
Is load factor the same as capacity factor?
Load Factor, also called Capacity Factor, for a given period, is the ratio of the energy which the power reactor unit has produced over that period divided by the energy it would have produced at its reference power capacity over that period.
Which kind of power plants are always operated on base load with high load factor?
Hydroelectric power plants can operate as base load, load following or peaking power plants.
How is plant capacity determined?
One of the easiest ways to measure capacity is to simply use the total production quantity for a given time period. For example, if your plant can produce an average of 20,000 gizmos per week, then your total capacity is 20,000 gizmos per week.
What is feasible normal capacity?
Feasible Normal Capacity – It refers to the capacity attainable under normal working condition. It is computed keeping in mind the following factors: • Installed capacity (machinery and equipment) • Technical conditions of the plan • Normal stoppages • Holidays, shift patterns • Downtime for maintenance etc.
How do you calculate normal capacity?
Normal capacity is practical capacity minus the loss of productive capacity due to external factors.
What is the normal capacity?
Normal capacity is the amount of production volume that can be reasonably expected over the long term. When budgeting for the amount of production that can be attained, normal capacity should be used, rather than the theoretical capacity level, since the probability of attaining normal capacity is quite high.
How is capacity cost calculated?
The cost of capacity, in this case a cost per cubic yard or foot per day, would be calculated with a numerator of annual building or space cost divided by 365, the number of days in a year and a denominator of the total available space in cubic yards or feet.
What is ideal capacity?
Ideal capacity is the maximum output that a manufacturing facility can produce, assuming no downtime and no waste. It is nearly impossible to attain the ideal capacity figure, since it involves 24×7 production with no maintenance downtime, no employee breaks, no damaged equipment, and no reworked goods.
What is basic capacity?
Basic capacity is the maximum number of vehicles that can pass a given point on a lane or a roadway during one hour, under the ideal roadway and traffic conditions that can possibly be attained.
What is the difference between ideal capacity and maximum capacity?
The ideal capacity means demand and supply are well balanced at the level of optimum capacity. The maximum capacity means demand exceeds optimum capacity—No one is turned away, but conditions are crowded, service quality seems worse, and customers may feel dissatisfied.
What expected capacity?
Capacity Is Defined by Restraints That is, expected capacity incorporates the most recent data and information about the more recent capacity levels in terms of demand. To a certain extent, expected capacity is a more recent, updated version of normal capacity.
What is idle capacity?
Idle capacity is the remaining amount of capacity left in a company after productive capacity and protective capacity have been eliminated from consideration.
What is the practical capacity?
Practical capacity is the highest realistic amount of output that a factory can maintain over the long term. It is the maximum theoretical amount of output, minus the downtime needed for ongoing equipment maintenance, machine setup time, scheduled employee time off, and so forth.
What is capacity cost?
Definition: An expenditure or cost incurred by a company in order to expand its business operations. In other words, these are expenses incurred by an organization to increase its capacity to conduct business operations. Description: Capacity costs are fixed in nature.
What is fixed capacity?
Following Broadbent (1958), capacity refers to the quantity of information that can pass through a system during a given time interval. In fixed-capacity models, there is an inflexible limit on the overall rate of information processing that persists as attention is divided over multiple stimuli.
What capacity means?
: the ability to hold or contain people or things. : the largest amount or number that can be held or contained. : the ability to do something : a mental, emotional, or physical ability.
Why fixed cost is called cost of capacity?
Answer. Fixed costs are also called capacity costs as they are able to attain a pre-defined level of production or they extend an intended level of service, keeping the product or service attributes or key indicators intact such as quality, price etc.
Is rent a fixed expense?
Fixed costs remain the same regardless of whether goods or services are produced or not. Thus, a company cannot avoid fixed costs. The most common examples of fixed costs include lease and rent payments, utilities, insurance, certain salaries, and interest payments.
Is salary a fixed cost?
Fixed costs are usually negotiated for a specified time period and do not change with production levels. Examples of fixed costs include rental lease payments, salaries, insurance, property taxes, interest expenses, depreciation, and potentially some utilities.
Is electricity a fixed cost?
Utilities– the cost of electricity, gas, phones, trash and sewer services, etc. However, utilities are generally considered fixed costs, since the company must pay a minimum amount regardless of its output.
Are groceries a fixed expense?
Fixed expenses are your weekly, monthly, or annual bills that don’t fluctuate. These include things like mortgage or rent payments, car payments, insurance premiums, utility bills, and the average amount you spend on groceries.
Is rent fixed or variable cost?
Fixed expenses or costs are those that do not fluctuate with changes in production level or sales volume. They include such expenses as rent, insurance, dues and subscriptions, equipment leases, payments on loans, depreciation, management salaries, and advertising.
Why is rent a fixed cost?
Fixed costs remain constant for a specific period. These costs are often time-related, such as the monthly salaries or the rent. For example, the rent of a building is a fixed cost that a small business owner negotiates with the landlord based the square footage needed for its operations.