Question: Problem 1. Indicate which process from the alternatives shown below should be used on the basis of their annual worth with an interest rate of

Problem 1. Indicate which process from the alternatives shown below should be used on the basis of their annual worth with an interest rate of 10% per year. Process X 250,000 31,000 First Cost ($) Annual Operating cost ($/year) Extra cost ($) Salvage value ($) Life (years) Process Y 170,000 35,000 26,000 (in year 3) 10,000 6 20,000 4
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