Question: aUESTION ONE a) Write brief notes about the following . (2 marks) (2 marks) (2 marks) given Replacement analysis? Opportunity cost Value analysis (value engineering)

 aUESTION ONE a) Write brief notes about the following . (2

aUESTION ONE a) Write brief notes about the following . (2 marks) (2 marks) (2 marks) given Replacement analysis? Opportunity cost Value analysis (value engineering) b) The investment and expected cash inflows of a project i. ii. ui. over 8 year period are below: Cash Inflow 2,000 Year Investment 8,000 0 2 4,000 2,000 1,000 6,000 4 4,000 6 4,000 4,000 7 8 Required: Compute the payback period of the project. Wopld the project be acceptable if the. maximum desired payback period is 7 years? (4 Marks)

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