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A manufacturing company is considering two types of industrial projects. The in-house engineer has compiled the following financial data related to both projects. Draw the
A manufacturing company is considering two types of industrial projects. The in-house engineer has compiled the following financial data related to both projects. Draw the cash flow diagram of the incremental. Is the incremental a simple investment or non-simple investment? Why? Calculate IRR for project (A), project (B), and also, the IRR for the incremental investment. If MARR is 10%, which project should the in-house engineer select? Fully justify your
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