A new piece of equipment will cost $ 12,000 and will result in a reduced operation cost

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A new piece of equipment will cost $ 12,000 and will result in a reduced operation cost of $ 1,500 per year. What will the payback time be in years?

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Operations Management

ISBN: 978-0078024108

12th edition

Authors: William J Stevenson

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Question Posted: Dec 30, 2014 06:53 AM

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A new piece of equipment will cost $ 12,000 and will result in a reduced operation cost

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Operations Management

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