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Gopher Manufacturing is considering purchasing new calibration eq uipment to improve the quality of its processes. The equipment has an initial cost of $66,000 and

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Gopher Manufacturing is considering purchasing new calibration eq uipment to improve the quality of its processes. The equipment has an initial cost of $66,000 and a marceo value of $52,000 at the end of its useful life. Net annual revenue is estimated as The useful l in th chance of occurring, determine whether the equipment should be purchased. Use MARR of 8% per year. (25 points) 6,000. te of this equipment is uncertain with estimates of the three scenarios given e table below. If the optimistic and pessimistic values each have an estimated 10% Optimistic Most likely Pessimistic 10 Useful life 12

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