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(20 points) The Advantgard Company plans to make a green investment in its forklift truck fleet. A hydrogen fuel-cell-powered forklift will do the work of
(20 points) The Advantgard Company plans to make a "green" investment in its forklift truck fleet. A hydrogen fuel-cell-powered forklift will do the work of three battery-pack forklifts because of the time required to recharge the batteries. If the MARR is 20% per year, which type of forklift should be recommended? Use the IRR method. The salvage values of both types of trucks are negligible. (Draw cash flow diagrams for both alternatives) Battery (three trucks) Hydrogen (one truck) Initial investment $250,000 $400,000 Cost of operation/year $60,000 $30,000 Useful life 6 years 8 years
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