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Problem 2 A small manufacturing company could expand its operation by adding new prod- ucts. Any or all of the products shown below can
Problem 2 A small manufacturing company could expand its operation by adding new prod- ucts. Any or all of the products shown below can be added. Note: For revenue alternatives, the do nothing option must be included (a) Plot AW vs MARR for each alternative. The graph must clearly show points of intersection. (b) Build a choice table to show how the decision changes when i changes. Product Initial cost, $ 1 2 3 4 Annual cost, $/year 340,000 500,000 570,000 575,000 70,000 64,000 48,000 40,000 Annual Revenue, 180,000 190,000 220,000 208,000 $/year Life, years 5 5 5 5
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