Question: read the case study and answer the following Questions: In November 2 0 1 6 , Jason Peters, agronomist at Kroeker ( pronounced Kraiker )

read the case study and answer the following Questions: In November 2016, Jason Peters, agronomist at Kroeker (pronounced "Kraiker") Farms Ltd.(Kroeker), was meeting with staff to review the past season and create a capital budget proposal for the year ahead. Peters had worked at Kroeker for three seasons overseeing all non-vegetable crops, with a primary focus on the farm's certified organic acreage. Kroeker had 500 acres of organic hemp in 2016 and planned to expand to 1,100 acres in 2017. Peters knew that the existing equipment used in hemp production was at capacity, so further investment in equipment was a necessity. However, he had to decide whether to simply buy larger field crop equipment or invest in newer technology. The new technology option would require equipment to be imported from Europe, so timing was critical. KROEKER FARMS History Kroeker dated back to 1928, when Abram Kroeker, a second-generation immigrant, and his wife Elizabeth, sold their share in a farnily-run general store to begin

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