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MKM International is seeking to purchase a new CNC machine in order to reduce costs. Two alternative machines are in consideration. Machine 1 costs $
MKM International is seeking to purchase a new CNC machine in order to reduce costs. Two alternative machines are in consideration. Machine costs $ comma but yields a percent savings over the current machine used. Machine costs $ comma comma but yields a percent savings over the current machine used. In order to meet demand, the following forecasted cost information for the current machine is also provided.
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