Question: A refinery decides to expand its existing facility by adding a hydrotreating unit. The refinery requested bids from four different vendors and received the following

A refinery decides to expand its existing facility by adding a hydrotreating unit. The refinery requested bids from four different vendors and received the following information: Based on a 10% return on incremental investment, which bid would you pick? Hint: Because number of years (n) is not provided, you should use the non-discounted incremental analysis method. Start with the case with the lowest FClL as the base case
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