Question: A company needs to determine the optimal replacement policy for a current 1 - year - old machine over the next 4 years ) =

A company needs to determine the optimal replacement policy for a current 1-year-old machine over the next 4 years )=(4. The company requires that a 6-year-old machine be replaced. The cost of a new machine is $100,000. The following table gives the data of the problem.
\table[[Age,t(yr),Revenue, r(t)($),Operating cost, c(t)($),Salvage value, s(t)($)
 A company needs to determine the optimal replacement policy for a

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