Question: answer question with all steps A new production system for a factory is to be purchased and installed for $153,484. This system will save approximately
A new production system for a factory is to be purchased and installed for $153,484. This system will save approximately 300,000kWh of electric power each year for a 6-year period. Assume the cost of electricity is $0.10 per kWh, and factory MARR is 15% per year, and the salvage value of the system will be $8,496 at year 6 . Using the PW method to analyzes if this investment is econom ically justified A- calculate the PW of the above investment and insert the result below. QUESTION 2 10 points B. Based on the PW value you got in the previous question, is this investmelt economically justified or not? tyk planation below For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)
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