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Blossom Timber Corporation uses a machine that removes the bark from cut timber. The machine is unreliable and results in a significant amount of downtime
Blossom Timber Corporation uses a machine that removes the bark from cut timber. The machine is unreliable and results in a significant amount of downtime and excessive labor costs. Management is considering replacing the machine with a more efficient one which will minimize downtime and excessive labor costs. Data are presented below for the two machines:
tableOld Machine,New MachineOriginal purchase cost,$$
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