A from a 8-34 A firm is considering moving its manufacturing plant from Chicago to a new location. The industrial engi- neering department was asked to identify the various alternatives together with the costs to relocate the plant and the benefits. The engineers examined six likely sites, together with the do-nothing alternative of keeping the plant at its present location. Their findings are summarized as follows: Plant Location Denver Dallas San Antonio Los Angeles Cleveland Atlanta Chicago First Uniform Annual Cost ($000s) Benefit ($000s) $300 $ 52 550 137 450 117 750 167 18 200 0 0 150 49 The annual benefits are expected to be constant over the 8-year analysis period. (a) Construct a choice table for interest rates from 0% to 100%. (b) If the firm uses 10% annual interest in its eco- nomic analysis, where should the manufacturing plant be located? 8-35 An oil company plans to purchase a piece of vacant