A 600-ton press used to produce compositematerial fuel cell components for automobiles using proton exchange membrane (PEM) technology can reduce the weight of enclosure parts up to 75%. At MARR  12% per year, calculate

(a) capital recovery and

(b) annual revenue required.

(c) Solve using a spreadsheet.

Installed cost  $3.8 million n  12 years Salvage value  $250,000 Annual operating costs  $350,000 in year 1, increasing by $25,000 per year Evaluating Alternatives Using AW