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Production equipment is to be replaced immediately as it is outdated. The two be

ID: 2773030 • Letter: P

Question

Production equipment is to be replaced immediately as it is outdated. The two best alternatives are a used equipment (A) and a new automated equipment (B). The economic estimates for each are shown in the table below. The MARR is 15% per year. Which alternative is preferred?

Alternative A

Alternative B

Capital investment

$14,000

$65,000

Annual expenses

$10,000

$9,000

Useful life (years)

5

10

Market value (at end of useful life)

$8,000

$13,000

Alternative A

Alternative B

Capital investment

$14,000

$65,000

Annual expenses

$10,000

$9,000

Useful life (years)

5

10

Market value (at end of useful life)

$8,000

$13,000

Explanation / Answer

Alternative A is Preferred as it has lower capital investment.

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