Scenario

A maintenance supervisor at Beall's Warehouse learned that installing a type of new high-efficiency light bulb in the building can save the organization $1,000 a year. Replacing the light bulbs all at once with the new ones would cost about $2,500.

What is the payback period for this replacement?

What is the average rate of return on this project?

Do you think this is a worthwhile investment? Why or why not?

What additional information would you need to make a better decision on this product? Base your answer on considerations from the reading and your logical considerations of the situation.

Note - Consider both potential additional costs and additional savings in your answer.

Answer if you know this don't give ai answer.