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6.2BRT Bartolini is considering buying a new automatic parcel sorter. And it is

ID: 1172593 • Letter: 6

Question

6.2BRT Bartolini is considering buying a new automatic parcel sorter. And it is required to set a replacement policy for the sorter. This sorter has an initial cost of 24K. The operating and maintenance costs are given in the following table: EOY O&M; Costs 2 3 4 $10,000 $11,500 $14,000 $16,600 Assuming discrete cash flows and a MARR of 15%, answer the following questions: a) What is the EUAC of the Capital Recovery? Fill the following table points] EOY | Initial Cost (A/P, 15%, j) | CR EUAC 2 4 b) What is the total EUAC? Fill the following table. [1 point] Hint: The O&M; EUAC is given for each year. Use it directly. EOY CR O&M; EUAC Total EUAC 2 3 4 c) When should the sorter be replaced? Why? [0.5 + 0.5 point]

Explanation / Answer

a)

EOY

Initial Cost

[I]

(A/P,15%,j)

[II]

CR EUAC

[I x II]

1

$       (24,000)

1.1500

$    (27,600)

2

$       (24,000)

0.6151

$     (14,762)

3

$       (24,000)

0.4380

$     (10,512)

4

$       (24,000)

0.3503

$     (8,407)

b)

EOY

CR

O & M EUAC

Total EUAC

[CR + O&M]

1

$       (27,600)

$              (10,000)

$        (37,600)

2

$       (14,762)

$              (11,500)

$        (26,262)

3

$       (10,512)

$              (14,000)

$        (24,512)

4

$         (8,407)

$              (16,600)

$        (25,007)

c) The Shorter should be replaced EOY 3 as total EUAC for year third is lowest.

**** Salvage value is considered to be zero as it is not mentioned.

EOY

Initial Cost

[I]

(A/P,15%,j)

[II]

CR EUAC

[I x II]

1

$       (24,000)

1.1500

$    (27,600)

2

$       (24,000)

0.6151

$     (14,762)

3

$       (24,000)

0.4380

$     (10,512)

4

$       (24,000)

0.3503

$     (8,407)