Please show hand writen work! Great Lakes Manufacturing Co. is attempting...
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Please show hand writen work!
Great Lakes Manufacturing Co. is attempting to determine the best-sized milling machine for 4) their production floor. Five alternative sizes are available as shown in the table below. Great Lakes has a budget of $250,000, anda MARR 15 %. Which size machine should they purchase? Assume that n 100 years and that the salvage value is zero for each machine Annual Revenue Initial Cost i* Size $50,000 $5,000 10% Economy Regular Super Delux 100,000 25,000 36,000 25% 200,000 18% 220,000 20.45% 45,000 Super Delux 50,000 300,000 16.67%
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