An industrial sewing machine costs $5,641 and is expected to
have a scrap value of $3,792...
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Economics
An industrial sewing machine costs $5,641 and is expected tohave a scrap value of $3,792 whenever it is retired. Operating andMaintenance costs are $1,038 for the first year and expected toincrease by $2,612 thereafter. If the MARR is 11%, determine theminimum equivalent uniform annual cost associated with the optimaleconomic life of the machine. The service life of this machine is 5years.
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3.6 Ratings (384 Votes)
The economic service life is 1 year because cost is continuously increasing while salvage value is constant Associated EUAC is 350751 This is found by finding the present
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