Question
An engineer calculated the PW values for four alternatives to develop a remotely controlled vibrations control system for offshore platform applications. The results in the
An engineer calculated the PW values for four alternatives to develop a remotely controlled vibrations control system for offshore platform applications. The results in the table use a MARR of 14% per year.
| Alternative | I | J | K | L |
| Life,n, years | 3 | 4 | 12 | 6 |
| PW overnyears, $ | 16.08 | 31.12 | 257.46 | -100 |
| PW over 6 years, $ | 26.94 | 15.78 | 653.29 | -100 |
| PW over 12 years, $ | 39.21 | 60.45 | 257.46 | -100 |
Determine which alternative(s) should be selected if the projects are independent.
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How China Became Capitalist
Authors: Ronald Coase, Ning Wang
1st Edition
1137351438, 9781137351432
