A local government housing office is considering investing in a new computer system for managing the maintenance
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A local government housing office is considering investing in a new computer system for managing the maintenance of its properties. The system is forecast to generate savings of around £100,000 per year and will cost £400,000. It is expected to have a life of seven years. The local authority expects its departments to use a discount rate of 0.3 to calculate the financial return on its investments. Is this investment financially worthwhile?
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To determine if this investment is financially worthwhile you can calculate its Net Present Value NP...View the full answer
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Related Book For
Operations Management
ISBN: 9780273708476
5th Edition
Authors: Nigel Slack, Stuart Chambers, Robert Johnston
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