A new machine will cost $ 18,000, but result it will in savings of $ 2,400 per year. What will the payback time be in years?
Answer to relevant QuestionsRemodeling an office will cost $ 25,000 and will generate savings of $ 3,000 the first year, $ 4,000 the second year, and $ 5,000 per year thereafter. How long will it take to recoup the initial cost of remodeling?What is sensitivity analysis, and how can it be useful to a decision maker? A small building contractor has recently experienced two successive years in which work opportunities exceeded the firm’s capacity. The contractor must now make a decision on capacity for next year. Estimated profits under ...A firm must decide whether to construct a small, medium, or large stamping plant. A consultant’s report indicates a .20 probability that demand will be low and an .80 probability that demand will be high. If the firm ...The research staff of a marketing agency has assembled the following payoff table of estimated profits: Relative to the probability of not receiving the contract, determine the range of probability for which each of the ...
Post your question