Given the following table of cost data:MARR =15% APRMarket Value, MVMV(0)MV(N).$14,000 $2,000 $50,000$5,000 $45,000MachineCurrentImprovedAnswer the following.a. Should the current machine be replaced immediately?OYesO NoFCdollars/yr.AOCdollars/yr.$8,000$3,750UsefulLife, N10 moreyears15b. What is the TAW associated with the current machine and the decision in part a?yearsc. What is the TAW associated with the improved machine and the decision for replacement in part a?d. What assumption is implied in order to calculate the results for parts b and c?

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Given the following table of cost data: MARR = 15% APR Market Value, MV MV(0) MV(N). $14,000 $2,000 $50,000 $5,000 $45,000 Machine Current O Yes O No Improved Answer the following. a. Should the current machine be replaced immediately? FC dollars/yr. AOC $8,000 $3,750 dollars/yr. Useful Life, N 10 more b. What is the TAW associated with the current machine and the decision in part a? years 15 years c. What is the TAW associated with the improved machine and the decision for replacement in part a? d. What assumption is implied in order to calculate the results for parts b and c?

Given the following table of cost data: MARR = 15% APR Market Value, MV MV(0) MV(N). $14,000 $2,000 $50,000 $5,000 $45,000 Machine Current O Yes O No Improved Answer the following. a. Should the current machine be replaced immediately? FC dollars/yr. AOC $8,000 $3,750 dollars/yr. Useful Life, N 10 more b. What is the TAW associated with the current machine and the decision in part a? years 15 years c. What is the TAW associated with the improved machine and the decision for replacement in part a? d. What assumption is implied in order to calculate the results for parts b and c?

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter7: Proudction Costs

Section: Chapter Questions

Problem 8SQP

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