Question: Can you help me do this question Biodiesel can be produced from vegetable oil and used as a replacement for diesel fuel. Two potential feedstocks
Can you help me do this question
Biodiesel can be produced from vegetable oil and used as a replacement for diesel fuel. Two potential feedstocks can be utilized for biodiesel are algae and soybean oil. Using the data below which feedstock would result in the most economical biodiesel? Assume that one of the processes has to be picked (i.e. mutually exclusive). Use an interest rate of 8%. Your boss is concerned the price of soybean oil will increase. As a result the operating cost of the soybean oil system could increase to $9,000,000 (from $4,000,000), what is the impact on the projected cost of biodiesel from soybean oil
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