Question: Engineering economy An automatic process controller will eliminate the current manual control operation. Annual cost of the current method is $6, 500. If the controller

Engineering economy Engineering economy An automatic process controller will eliminate the current manual

An automatic process controller will eliminate the current manual control operation. Annual cost of the current method is $6, 500. If the controller has a service life of 14 years and an expected market value of 9% of the first cost, what is the maximum economical price (in dollars) for the controller? Ignore interest

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love of humour, often as a device to lighten the occasion;

orderliness, patience and seeing a task through;

well defined status and roles (class distinctions);