Question: The cost in $ per year and effectiveness measure in items salvaged per year for four mutually exclusive service sector alternatives have been collected. (a)

The cost in $ per year and effectiveness measure in items salvaged per year for four mutually exclusive service sector alternatives have been collected.

(a) Calculate the cost effectiveness ratio for each alternative,

(b) Use the CER to identify the bestalternative.

The cost in $ per year and effectiveness measure in

Alternative Cost C, S/Year Salvaged Items/YearE 355 208 660 102 20 17 41

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