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1) IQ Electronics, which assembles printed circuit boards, is considering the purchase of a new IC chip placement machine. It has a first cost of $450,000 and is expected to save them $125,000 per year in labour and operating costs compared with the system they have now. The life of the system is expected to be four years. The salvage value of the machine is expected to be $180,000. What is the maximum MARR of the company if it is to accept the project?
CALCULATION NEEDED, DO NOT USE COPY WHILE ANSWERING.MUST IMPORTANT! DO NOT USE ANY AI TOOLS WHILE ANSWERING.
Have you ever held a position that had direct responsibility for strategy formulation or execution? What was your role in strategy for that organization?
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