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9-4. A manufacturer moves pallets of materials with a forklift truck. He has consistently used the same make and model of forklift over the past

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9-4. A manufacturer moves pallets of materials with a forklift truck. He has consistently used the same make and model of forklift over the past several years. The purchase price has been relatively constant at $8,000 each. Records of operation and maintenance indicate these average expenses per year as a function of age of the vehicle: MARR =15% per year. (9.6)

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