Question: A company needs t o determine the optimal replacement policy for a current 3 - year - old machine over the next 5 years (

A company needs to determine the optimal replacement policy for a current 3-year-old machine over the next 5 years (n=5). The company requires that a6-year-old machine be replaced. The cost of a new machine is $100,000. The following table gives the data of the problem
A company needs to determine the optimal replacement policy for a

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