Question: please show all steps for thump up do not use excel 3. (20 points) You are considering replacing a pressure sensor for a low-pressure steam

please show all steps for thump up
do not use excel  please show all steps for thump up do not use excel
3. (20 points) You are considering replacing a pressure sensor for a
low-pressure steam line at your food processing plant. The costs for the

3. (20 points) You are considering replacing a pressure sensor for a low-pressure steam line at your food processing plant. The costs for the new sensor are shown below. Your company's MARR is 8% . . . Initial Cost $12,650 Maintenance Cost $1,200/year Salvage Value $2,000 Life 4 years As these are estimates of future cash flows, your boss asks you to perform a sensitivity analysis describing the change in AW as you vary the estimates as follows: Salvage Value [1,000; 2,500] $ Life [3; 6] years a. Develop a tornado diagram showing the sensitivity of AW to changes in the estimated salvage value and life of the pressure sensor. . b. Develop a spider plot showing the results of a sensitivity analysis on the Salvage Value and Life input parameters. Your two curves must each contain at least 4 (x, y) points. c. Interpret the significance of each of the two curves on your spider plot. 3. (20 points) You are considering replacing a pressure sensor for a low-pressure steam line at your food processing plant. The costs for the new sensor are shown below. Your company's MARR is 8% . . . Initial Cost $12,650 Maintenance Cost $1,200/year Salvage Value $2,000 Life 4 years As these are estimates of future cash flows, your boss asks you to perform a sensitivity analysis describing the change in AW as you vary the estimates as follows: Salvage Value [1,000; 2,500] $ Life [3; 6] years a. Develop a tornado diagram showing the sensitivity of AW to changes in the estimated salvage value and life of the pressure sensor. . b. Develop a spider plot showing the results of a sensitivity analysis on the Salvage Value and Life input parameters. Your two curves must each contain at least 4 (x, y) points. c. Interpret the significance of each of the two curves on your spider plot

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