JACLE, an industrial company in Jubail, is considering to install a new automated plastic-molding press system. Four (4) different alternatives are available. Relevant information for these mutually exclusive alternatives are provided below. MARR=18%. Applying the Engineering Economic Analysis Method, which alternative would you recommend? Alternatives B Amount of Investment - Year 0 ($) 3,000,000 6,000,000 4,000,000 Amount of Investment - Year 1 ($) 0 0 0 Production Capacity (units per year) 1,500,000 2,100,000 1,800,000 Machine Efficiency (%) 95 97 98 Selling Price ($ per unit) 2.50 Variable Cost ($ per unit) 1.20 0.60 0.90 Annual Fixed Costs ($) 450,000 120,000 210,000 Residual Value ($) 600,000 1,200,000 800,000 Useful Life (years) 10 10 10 Note: The first annual revenue and annual costs for Alternative D will occur at the end of year 2. D 2,500,000 2,500,000 2,200,000 96 2.50 0.80 100,000 920,000 10 2.50 2.50 Cover Page I. Introduction a) Statement of the Problem b) Objective I. Data and Project Cash Flow I. Data Analysis and Evaluation II. Interpretation of Result I. Recommendation and Justification