Describe the ways to reduce the volume of hazardous waste A firm need to expand

Question

Describe the ways to reduce the volume of hazardous waste A firm need to expand its manufacturing capacity. The present facility could be expanded to meet the needs at a cost of $1.2 million. Waste treatment costs for the expanded facility would be about $ 184,000/year. An entirely new facility that would reduce waste production could be built for approximately S3.35 million. The new facility would have an estimated annual waste treatment costs would be about $56,000 year. Assuming a 20-year useful life for facilities and zero salvage value for both. If the prevailing interest rate is 10%, which alternative is preferable?

Explanation / Answer

hazardous waste is a waste that is toxic and chemically reactive, which affects the human health.

ways to reduce hazardous wastes are, disposing the hazardous waste safely, recycling the unwanted or unused products, and reducing the use of pesticides and increase the use if natural fertilizers

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