To replace an aging production machine, Johnston Distributors is considering the purchase of a new robotic machine for $950,000. The machine is expected to have a service life of eight years and an estimated residual value of $75,000. In each of the first four years, the machine is expected to produce production efficiencies and labour savings of $250,000. In the last four years, the annual savings are expected to rise to $300,000. Hydro costs for the machine are estimated at $25,000 starting at the beginning of the second year and increasing by 5% each year thereafter. Maintenance costs are estimated at the beginning of the third, fifth, and seventh years in the amounts of $40,000, $60,000, and $80,000, respectively. If the cost of capital is 16%, determine if the new robotic machine should be purchased. Provide calculations to support your answer.

In addition to this,

1.Explain the role of marketing

2.What is relationship marketing?

3.What is the importance of relationship marketing?

4.What is the importance of CRM?

5.What is the scope of CRM?

6.What are the features of CRM?

7.What is Customer Relationship Management (CRM)?

8.What are the benefits of CRM?

9.What are the disadvantages of consumer cooperatives?

10. What are the types corporate retailing?