Describe the role of money in campaigns. Among other things, explain how money is regulated in the United States and how the Supreme Court has interpreted the First Amendment in recent years with regard to campaign finance.

5-34 Javier is an IE at Lobos Manufacturing. He has been studying process line G to determine if an automated system would be preferred to the existing labor- intensive system. If Lobos wants to earn at least 20% and uses a 15-year planning horizon, which alterna- tive is preferred? Contributed by Paul R. McCright, University of South Florida galwol Initial cost Installation cost First-year O&M 000 Annual increase First-year labor costs Annual increase Salvage value (EOY15) Labor Intensive $0 0 2,000 450 72,000 5% 2,500 Automated $110,000 18,500 4,800 950 47,500 5% 20,000