Question: When applying the Systematic Economic Analysis Technique (or SEAT) to an engineering economic analysis problem what is the order in which you apply SEAT's steps?

When applying the Systematic Economic Analysis Technique (or SEAT) to an engineering economic analysis problem what is the order in which you apply SEAT's steps? You must select the correct steps in order 1 through 7 below. Compare alternatives Define planning horizon Estimate cash flows Perform any supplementary analysis Specify interest rate Select the preferred alternative Identify alternatives
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