Question: PPlease solve this using Excel, Topic basic principles of engineering economics and management for an effective and efficient organization You work as a purchasing engineer

PPlease solve this using Excel, Topic basicPPlease solve this using Excel, Topic basic principles of engineering economics and management for an effective and efficient organization

You work as a purchasing engineer in a multinational company. The top management directed you and your boss to prepare a report on the economic viability of installing a computer system in your company. After some searching, you identified two potential systems to be considered (see Table Q3). With MARR of 12% per year, determine which system is more economic. P, RM S, RM Table Q3 System 1 -80,000 15,000 3. -30,000 System 2 -120,000 40,000 3 -8,000 n, years AOC, RM/year

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