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A company is buying a part for $100. They can buy a machine with an initial cost of $500,000 and annual operating costs of $100,000
A company is buying a part for $100. They can buy a machine with an initial cost of $500,000 and annual operating costs of $100,000 over 10 years with zero salvage value. If the material and labor cost is $50 per product. At MARR = 10%, determine the production volume that justifies the purchase of this machine. Let X= Production volume.
Please give all correct answer with explanation.
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