ISEN 255 Methods Engineering Spring 2018 In-Class Exercise (1) Use a cost/benefit analysis to determine the best choice of methods improvements for a hypothetical inspection process given the following information: Purchase and Training cost ProjectedProjected Installation cost Method savings due to savings due to waste reduction less maintenance $2000 S3,500 $500 $400 3-D Point Digitizer Digital Caliper $50 S0 $2,500 $750 $10,000 $1000 $0 Computer Vision $75,000 System Go/No-Go Gage S45 $900 S1000