Question: A new automotive dry paint separation process is environmentally friendly and is expected to save $8.00 per car painted at a Detroit plant. The installed

A new automotive “dry paint” separation process is environmentally friendly and is expected to save $8.00 per car painted at a Detroit plant. The installed cost of the process is $8 million, and 250,000 cars are painted each year. What is the simple payback for the new technology?

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