Question: Amazon's IT department is proposing three software projects for the in-garage delivery services system to solve the problem of lost and stolen packages. Financial
Amazon's IT department is proposing three software projects for the in-garage delivery services system to solve the problem of lost and stolen packages. Financial information for the three projects is presented below. Using the payback period, determine which project Amazon should invest in. Project Name Loops Luna Lexi Project life 8 4 6 Investment (S) Annual savings (S) 250,000 32,000 146,000 65,000 125,000 14,750
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Ans The payback period is a simple financial metric that calculates the time it takes for an investm... View full answer
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