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now please please Applications of green, lean manufacturing techniques coupled with value stream mapping can make large financial differences over future years while placing greater
now please please
Applications of green, lean manufacturing techniques coupled with value stream mapping can make large financial differences over future years while placing greater emphasis on environmental factors. Engineers with Monarch Paints have recommended to management investment of $250,000 now in novel methods that will reduce the amount of wastewater, packaging materials, and other solid waste in their consumer paint manufacturing facility. Estimated savings are $180,000 per year for each of the next 7 years and an additional savings of $25,000 at the end of 7 years in facility and equipment upgrade costs. Annual expenses will be $100,000 at the end of year one and will increase by $6,500 each year thereafter. 1. Draw the cash flow diagram 2. What is the simple payback period of the furnace? 3. What is the discounted payback period for this investment when the MARR=8%? 4. What is the internal rate of return on the furnace? Maximum size for new files: 100MB, maximum attachments: 2Step by Step Solution
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