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c) A large retailer is going to run an experiment at one of its stores to see how cost effective it will be to imbed
c) A large retailer is going to run an experiment at one of its stores to see how cost effective it will be to imbed merchandise with a small radio frequency identication {RP 11)) chip. Shoppers will select items from the store and walk out without stepping to pay at a checkout lane. The RFID chips will record what items are taken and will automatically deduct their price from Shopper's bank accounts. The retailer expects to save the cost of stalling [2 checkout lanes. which amount RM Hit}. [Ill] per year. Scrutinise how much can the retailer afford to spend on its RFID investment if the system has a life of It} years and no residual value. The retailer*s interest rate is 12% per year. Please provides a cash ow diagram to support your
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