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a. Define Conventional and Modified Benefit to Cost ratios. b. Your company has been quoted two alternative machines, producing the same product, but which one
a. Define Conventional and Modified Benefit to Cost ratios. b. Your company has been quoted two alternative machines, producing the same product, but which one will produce higher quality items and greater return of revenue. Given the following data table, populate relevant data from your organisation/ proposed organisation for any asset for the organisation which alternative option is better. Use the B/C method, a study period of expected life, and a Minimum Acceptable Rate of Return (MARR) of 91/2%. E Determine the B/C values for each machine by using both the conventional and the modified formulations. Use excel and attach file as embedded file in word document/ upload file in Moodle for your analysis
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