Determine what is minimum salvage value

Assignment Help Econometrics

Reference no: EM13192337

A new chemical remediation tank is needed. Current technology tanks, which costs $150,000, MUST BE DRAINED AND TREATED EVERY TWO YEARS AT A COST OF $30,000; THE TANKS WILL LAST TEN YEARS, AND EACH WILL HAVE A SALVAGE VALUE OF 5%. OF FIRST COST. A TANK WITH NEW TECHNOLOGY HAS JUST COME TO MARKET. THERE ARE NO PERIODIC MAINTENANCE, AND A TANK WILL LAST 20 YEARS. IF THE NEW TANKS COST$325,000, WHAT MINIMUM SALVAGE VALUE, AS A PERCENTAGE OF FIRST COST, WOULD BE REQUIRED FOR THIS TECHNOLOGY TO BE A BETTER OPTION?

Reference no: EM13192337

Questions Cloud

How should this be done in order to minimize the sum : A 380 in. piece of wire is divided into two pieces and each piece is bent into a square. How should this be done in order to minimize the sum of the areas of the two squares?

Training and development : You are a senior colorist at the cosmetic manufacturing company, Paint Me Pretty. You are also a Career Mentor for several other, more junior colorists. One of your mentees, Kitty Jones, is a colorist who is leading a project team for the third time ..

Marketers extend a product''s lifespan : How can marketers extend a product's lifespan, by promoting a different use or purpose for the product?

How us economy will experience higher labor productivity : The bulk of the spurt can be traced to the boom in investment information technology capital and to the growth in the information technology-producing part of the economy. Measurement issues abound and having better data would help resolve them.

Determine what is minimum salvage value : A new chemical remediation tank is needed. Current technology tanks, which costs $150,000, MUST BE DRAINED AND TREATED EVERY TWO YEARS AT A COST OF $30,000; THE TANKS WILL LAST TEN YEARS, AND EACH WILL HAVE A SALVAGE VALUE OF 5%. OF FIRST COST.

State manic-depressive illness was analyzed for lithium : Serum taken from a patient being treated with lithium for manic-depressive illness was analyzed for lithium concentration. A reading of 332 units was obtained for the intensity of the 671 nm red emission line.

Compute the threshold wavelength : Calculate the threshold wavelength, in nm, of a metal if that metal emits an electron with a kinetic energy of 6.36E-19 J when illuminated with light that has a frequency of 1.97E15 Hz.

What is the deadweight loss of the price ceiling : The market for college hockey players is characterized by the following supply and demand curves, where Q is the number of athletes and P is the weekly wage in excess of their scholarship payments QD = 1600 - 20P, QS = -900 + 30P

Compute the mass of mgco3 precipitated by mixing : calculate the mass of MgCO3 precipitated by mixing 10.0 mL of a 0.200 M Na2CO3 solution with 5.0 mL of a 0.0450 M Mg(NO3)2

User Account

All Pages