12. Alpha's opportunity cost in the second year based on the simple payback decision criterion. 13. The best of the three diners based on the simple payback decision criterion. 14. The best of the three diners based on the discounted payback decision criterion. 15. Alpha's benefit/cost (B/C) ratio. 16. Gamma's (B/C ratio. The Simple Diner Company is analyzing the purchase of a diner in the west end of the city. The key parameters of three diners under scrutiny are provided below. Parameters Alpha Beta Gamma 1. Initial Cost ($) $425,000 550,000 620,000 $290,000 at EOY1 $275,000 increasing $250,000 at EOY1 annually from annually by 2% 2. Revenues ($) decreasing EOY1 to EOY5; to EOY5; annually $280,000 $315,000 at thereafter by 2% annually from EOY6 EOY6 to EOY10 decreasing annually by 2% to EOY10. . $177,000 at EOY1 increasing $114,000 at EOY1 $165,000 at annually by 3. Operating decreasing annually EOY1 increasing $1,000 to EOY5; Costs thereafter by annually $183,000 at ($) $1,000 thereafter by 1% EOY6 increasing annually by 3% to 4. End-of-life salvage value $-5,000 10,000 ($) 5,000 5. Useful life 5 years 10 years 10 years (years) All parameter values are fictitious. EOY = End-of-year Industry Standard = 4 years MARR = 10% 17. Two-part question: i) Based on the incremental B/C decision criterion, is the Alpha diner better than the Beta diner? ii) Does your answer to part i) of this question coincide with your conclusion as to the better of the Alpha and Beta diners based on the NFW decision criterion? Answer options are a) Yes, Yes; b) Yes, No; c) No, Yes; d) No, No. 18. Two-part question: i) Based on the incremental B/C decision criterion, is the Beta diner better than the Gamma diner? ii) Does your answer to parti) of this question coincide with your conclusion as to the better of the Beta and Gamma diners based on the . 12. Alpha's opportunity cost in the second year based on the simple payback decision criterion. 13. The best of the three diners based on the simple payback decision criterion. 14. The best of the three diners based on the discounted payback decision criterion. 15. Alpha's benefit/cost (B/C) ratio. 16. Gamma's (B/C ratio. The Simple Diner Company is analyzing the purchase of a diner in the west end of the city. The key parameters of three diners under scrutiny are provided below. Parameters Alpha Beta Gamma 1. Initial Cost ($) $425,000 550,000 620,000 $290,000 at EOY1 $275,000 increasing $250,000 at EOY1 annually from annually by 2% 2. Revenues ($) decreasing EOY1 to EOY5; to EOY5; annually $280,000 $315,000 at thereafter by 2% annually from EOY6 EOY6 to EOY10 decreasing annually by 2% to EOY10. . $177,000 at EOY1 increasing $114,000 at EOY1 $165,000 at annually by 3. Operating decreasing annually EOY1 increasing $1,000 to EOY5; Costs thereafter by annually $183,000 at ($) $1,000 thereafter by 1% EOY6 increasing annually by 3% to 4. End-of-life salvage value $-5,000 10,000 ($) 5,000 5. Useful life 5 years 10 years 10 years (years) All parameter values are fictitious. EOY = End-of-year Industry Standard = 4 years MARR = 10% 17. Two-part question: i) Based on the incremental B/C decision criterion, is the Alpha diner better than the Beta diner? ii) Does your answer to part i) of this question coincide with your conclusion as to the better of the Alpha and Beta diners based on the NFW decision criterion? Answer options are a) Yes, Yes; b) Yes, No; c) No, Yes; d) No, No. 18. Two-part question: i) Based on the incremental B/C decision criterion, is the Beta diner better than the Gamma diner? ii) Does your answer to parti) of this question coincide with your conclusion as to the better of the Beta and Gamma diners based on the