Question
comment on it - Molding Solutions used a capital budgeting when investing in newer hot runner machines. - The results of this investment were improved
comment on it
- Molding Solutions used a capital budgeting when investing in newer hot runner machines.
- The results of this investment were improved process time and labor cost savings. - A great example of a company the didnt innovate was Borders Bookstore. They didnt keep up with the time by way of investment in technology and eventually closed all locations.
- Capital budgeting plays a role in our lives when considering purchasing new appliances. These are large expenses, however the investment in new equipment could result in long-term cost savings in our energy bills.
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