Question: 4. For ME projects: (a) Calculate the cost effectiveness ratio for each project. (b) Find the best alternative by applying cost effectiveness analysis. (30 points)

4. For ME projects: (a) Calculate the cost effectiveness ratio for

4. For ME projects: (a) Calculate the cost effectiveness ratio for each project. (b) Find the best alternative by applying cost effectiveness analysis. (30 points) Project Cost, $/year A 3500 B 2000 6600 D 8500 Effectiveness, E/year 200 170 410 70

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