Preview

Energy Star vs Regular fridge

Satisfactory Essays
Open Document
Open Document
545 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Energy Star vs Regular fridge
Category Daewoo Refrigerator LG Refrigerator
Colour
White
Silver
Inside Storage (Cu.Ft)
18
19.7
Type of Wheels
2 rear self leveling wheels
4 adjustable wheels
Energy Star Qualified
No
Yes
Water Filtration
No
Yes
Price
$499
$1899
EnerGuide Rating (KWH/Year)
480
430 Electricity Project

The LG refrigerator uses $33.97 of electricity each year, while the Daewoo refrigerator uses $37.84.

1) According to my calculations, it would take 361.75 years to start profiting of the more expensive device compared to the cheaper device.
2) The refrigerator will not last 361 years, the most it could probably go is 20 years if it gets lucky. This is because it will be outdated in some time meaning no one will be able to repair it as well as the technology will slowly start to breakdown making sure that it is unfixable.
3) People will buy the more expensive refrigerator over the cheaper one for reasons like, it is made out of stainless steel, this will give your kitchen a modernized taste and a professional look. Another factor is how the more expensive fridge has a 1.7 Cu.ft. advantage giving it loads of extra space.
4)a. It is a good law due to the tons of energy each household will save because of its effiency compared to the old devices. This will give us a great long term effect because numerous electricity will be spared all because of Green laws. Another good thing about this law is how producers will have to create energy efficient devices. This will create a surge of demand for the consumers which will make the producer develop its technology. This cycle could lead us into a new world of energy efficient technology.
b. This is a debatable topic and there is also another perspective to this. Every company has a right to what they want to create as long as someone will not get physically harmed. Who is the government to tell those companies what to create. This

You May Also Find These Documents Helpful

  • Good Essays

    Lockheed Hbr Case

    • 2679 Words
    • 11 Pages

    A: Objective: Compute payback, NPV and IRR to decide whether Rainbow Products should purchase the machine or not.…

    • 2679 Words
    • 11 Pages
    Good Essays
  • Good Essays

    HCS 405: Simulation Review

    • 1346 Words
    • 6 Pages

    The facility needs to purchase three machines. The machines needed are: an x-ray machine, high-speed CT scanner, and an ultrasound system. There are a few different options when purchasing medical equipment and in this case they are buying new, refurbished, or obtaining an operation or capital lease. The best strategy for obtaining a high-speed CT scanner would be to purchase a refurbished machine. The useful life of this equipment is 10 years. Although the hospital may need to upgrade the technology for the scanner in five years, buying a refurbished scanner is the best option. The hospital can upgrade the equipment again at a later time extending the useful life of this device. This will be recording as an asset but at a lesser value. The loan is also low at a 9% rate. The best option for obtaining an x-ray machine would be to choose a capital lease. The payment values are a higher percentage than if the facility were to choose an operating lease or purchase a refurbished machine. This x-ray machine is expected a useful life of 15 years. Even though the present value is lower, the facility will receive more use out of this equipment. The best option for obtaining an ultrasound machine would be an operating lease. This technology is expensive and will only have a useful life for about five years. The upgrade payment is lower as well as the monthly installment rate. Once the machine is obsolete, the hospital can upgrade the device with this plan. The facility will be paying more but in the grand scheme it will be cheaper with the upgrading options. When choosing the best options for purchasing equipment, it results in lower costs and more profits when thinking future tense. This is true even if the costs were higher at this time. Having the latest technology brings in more profit, saves money in the long run, and provides the best care to…

    • 1346 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Washburn Case

    • 447 Words
    • 2 Pages

    (d) if Washburn achieves the sales target of 2,000 units at the $349 retail price, what will its profit be?…

    • 447 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Module 5 Problems Mrnak

    • 742 Words
    • 2 Pages

    Goldman, D. (2015). This $3,300 refrigerator has a Keurig coffee maker built in. Retrieved March 13, 2015, from http://money.cnn.com/2015/01/18/technology/innovationnation/keurig-coffee-fridge/…

    • 742 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Rock "N" Rap

    • 597 Words
    • 3 Pages

    Explain how you found an answer to Question 3 and why you think your answer gives the maximum profit. I know this because this is the highest point in the feasible region. I it’s hard to tell exactly just by graphing so the problem must be solved algebraically. I…

    • 597 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Going to Eaton Manor to repair 2 Bam Nuttall Welfare Units which have no heating and frost prevention heather frozen.…

    • 686 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Residents of Catonsville, Maryland, do not have far to travel to take advantage of the best home appliance deals anywhere in the area. At Best Appliance Depot we offer new and used items in first class condition at prices our competitors find impossible to match.…

    • 311 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Haier has moved to this position in just two decades and the average age of five global players in the household electrical market was 95 years. Zhang make sure that any product which is not up to its standard will not be produced. Haier evolved from one refrigerator to 86 different product categories with over 13,000 specifications. Haier innovated to create their niche markets. Another main reason for the success of Haier was their marketing initiative which emphasized quality.…

    • 1271 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    * Woolworth’s fridges and refrigerator is not envirmentannally friendly. It produce bad gas like HFCs that can more almost 4000 times more dangerous than carbon di oxide .Almost 50%of greenhouse gas emissions from Woolworth’s stores are associated with refrigeration.…

    • 320 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    INVESTMENT DECISION

    • 589 Words
    • 3 Pages

    12.49%, and 8.93%, respectively. It is believed that the market value of the equipment in five years will be…

    • 589 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Home Appliances Market

    • 2976 Words
    • 15 Pages

    Samsung's HM10 side by side refrigerator helps you enjoy deluxe living through chic appearance and user-friendly features. World's first built-in easy-open handles accomplish seamless exterior look in harmony with minimal design. Also light-rich LED interior lightings illuminate both fridge and freezer luxuriously and the space-saving Clear View indoor icemaker allows more shelf space and easier use. From fascinating look and welcoming feel to flavor preserving cooling technology, Samsung HM10 side by side refrigerator enriches your everyday life.…

    • 2976 Words
    • 15 Pages
    Powerful Essays
  • Good Essays

    Due to this being such an inconvenience Perkins development would began the change in the average household for decades to come. Jacob Perkins with the help of John Hague developed Perkins idea which was more of an experiment if anything else. The basic function of the early refrigeration used ammonia and ether too very dangerous substances in a recycling method of condensing and compressing heat in the air into liquid form. Although Perkins refrigerator completed the task of keeping foods cool there was some much needed modification. Like many other inventions the refrigerator began to evolve more, because ether and ammonia are dangerous Carl von…

    • 884 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Writing Paragraphs

    • 1219 Words
    • 4 Pages

    b. Government shouldn’t tell people what to eat. Let the people do what they want.…

    • 1219 Words
    • 4 Pages
    Powerful Essays
  • Satisfactory Essays

    How to Save Energy

    • 415 Words
    • 2 Pages

    If you are shopping for new appliances, make sure to look for the Environmental Protection Agency’s Energy Star label before making a purchase. Energy Star appliances use between 10 and 50 percent less energy and water than their conventional counterparts. They may cost more than appliances without the Energy Star designation, but in most cases they will more than make up that additional cost through energy savings.…

    • 415 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    © 2011 Alliance for an Energy Efficient Economy Any part of this report can be reproduced for non-commercial purpose, without prior permission. However, the source should be clearly acknowledged, and a copy of the published document should be sent to Alliance for an Energy Efficient Economy. Published by: Alliance for an Energy Efficient Economy 404, Skylark Building, #60, Nehru Place New Delhi - 110 019, INDIA Email: info@aeee.in www.aeee.in Energy Efficiency in India History and Overview Cover Page & Design: EMPOWER, Bangalore Email: mpowergraphics@gmail.com Printed at: Elegant Printing Works, Bangalore Email: elegantpress@gmail.com For private circulation only…

    • 52038 Words
    • 209 Pages
    Good Essays