Question: Unsolved Problem for Equipment Replacement Policy A company needs to determine the optimal replacement policy for a current 1 - year - old machine over

Unsolved Problem for Equipment Replacement Policy
A company needs to determine the optimal replacement policy for a current 1-year-old machine over the next 4 years )=(4. The company requires that a 6-year-old machine be replaced. The cost of a new machine is $100,000. The following table gives the data of the problem.
\table[[Age, :(v),Revenue r(t)($),Operating cost, c(t)($),Salvage value, s(t)($)
 Unsolved Problem for Equipment Replacement Policy A company needs to determine

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