1. The purchasing cost of a new machine is $7000. If the estimated maintenance (C) and resale (5.) costs are as given in Table 1
1. The purchasing cost of a new machine is $7000. If the estimated maintenance (C) and resale (5.) costs are as given in Table 1 and the discount rate is 0.9, what is the optimal time to replace the current machine? mm- Table 1
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