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By installing a new software system, the software vendor estimates the cost of each order will be reduced by 75%. The current cost for each
By installing a new software system, the software vendor estimates the cost of each order will be reduced by 75%. The current cost for each order is $5000. Demand is 2000 per month. The annual holding cost is 20% and each unit costs $750. The new software will cost $100,000. How many years will it take to break even on the investment
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