Determine machine that should be selected on rate of return

Assignment Help Econometrics
Reference no: EM13231283

Engineering Economics 6th edition, Mountain Pass Canning Company has determined that any one of four machines can be used in one phase of its canning operation. The costs of the machines are estimated below, and all machines have a 10-year life. If the
MARR is 12% per year, determine the one machine that should be selected on the basis of the rate of return analysis (using the PW
ROR equation). Machine 1: -15,000; +1,000; +4,000; Machine 2: -25,000; -500; +6,000; Machine 3: -18,000; +2,000; +5,000; Macine
4: -35,000; -700; +8,000. (For each machine the numbers represent, in order: First Cost, ;SalvageValue,; Annual income

Reference no: EM13231283

Questions Cloud

Write procedure endian return 1compiled and 0 bigendian : Write a procedure is little endian that will return 1 when compiled and run on a little-endian machine, and will return 0 when compiled and run on a bigendian machine.
Intelligent europeans believed that liberal democracy : In the 1920's and 30's many intelligent Europeans believed that liberal democracy was an eighteenth-or nineteenth-century anachronism, soon to be replaced by either Soviet communism or fascism (including Nazism).
Find total revenues for price-quantity demanded combination : Finally-and this is a stretch question-if you were a monopolist facing a downsloping demand curve, which portion of the curve would you strive never to be in In other words, you can choose any price and output combination you want.
What are some of the key elements of feudalism : Based on your reading in HWS, what are some of the key elements of feudalism? Is it appropriate to use the term "system" to describe these relationships?
Determine machine that should be selected on rate of return : Engineering Economics 6th edition, Mountain Pass Canning Company has determined that any one of four machines can be used in one phase of its canning operation. The costs of the machines are estimated below, and all machines have a 10-year life.
What structure inspired the design of most mosques : What did Muhammad and his followers initially think music would do? What does the Arabic word masjid mean? Why did Mohammad allow Muslim men to have up to four wives? What structure inspired the design of most mosques?
Explain the differences in gdp-employment and consumption : Explain the alternative adjustment path that would result from the stimulus and compare it to the adjustment that would have occurred if the government had not responded to the recession.
Describe what effective leadership means to you : Describe what effective leadership means to you. Who determines a leaders effectiveness? Provide details and examples to support your thoughts.
Perspective of the vertical chain and production process : The objective is to understand the vertical boundaries a company or firm or organisation from the perspective of the vertical chain and the production process.

Reviews

Write a Review

Econometrics Questions & Answers

  Design a simple econometric research project

Design a simple econometric research project

  Multiplicative decomposition method

Multiplicative decomposition method

  Market for cigarettes

The Australian government administers two programs that affect the market for cigarettes.

  Solve the forecast model

Solve the forecast model

  What are the marginal abatement cost functions

What are the marginal abatement cost functions for each of the two areas? Calculate the loss in the two areas due to over-control (for the rural area) and under-control (for the urban area).

  Write the t statistic for testing the null hypothesis

Explain why this model violates the assumption of no perfect collinearity.  Write the t statistic for testing the null hypothesis

  What is economics system

What is economics system? What are the types of economics system? Briefly explain each type of economics system by giving examples of nations that are close to each type

  Multiple choice questions related to market concentration

Determine when a competitively produced product generates negative externalities in production, the industry will,

  Calculating number of units produced by firm

Assume a company has the following production function: Q = 100 K.5 L1 . Currently, the company hires 1,000 workers and employs 100 units of capital.

  Question about mobile commerce

M-commerce also known as mobile commerce is being lumped in with several strategic internet plans. Explain some of the industries that are likely to use mobile commerce and how it is working for them.

  Calculating the average days past due and average flow time

Auto Data manufactures custom engineering testing machine. The following 5-orders are currently in the design department:

  Mechanism of an english auction and second price auction

Briefly discuss the difference between mechanism of an oral or English auction and a Vickrey or second price auction.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd