Question 1 You are in the mail-order business, selling computer peripherals including high speed internet cables, various storage devices such as memory sticks, and wireless networking devices. You are considering a few alternatives for upgrading your mail ordering system to make your operations more efficient and to increase sales. Construct three or more estimates for the salvage value annual operating cost (AOC), and life. Present the estimates on an alternative-by-alternative basis (a pessimistic, a most likely, and an optimistic estimate) as in Table below. The first costs are known, so they should have the same value. Perform a sensitivity analysis and determine the most economical alternative, using Annual Worth analysis at a MARR of 10% per year. Refer Below - Table 1 : Example for three estimation on an alternative-by alternative basis. (40 marks) Table 1: Example for three estimation on an alternative-by alternative basis Alternative Estimates First cost Salvage AOC, RM Lifen, Years Value, RM Pessimistic Most likely RM per year Optimistic Pessimistic Most likely Optimistic Pessimistic Most likely Optimistic Question 1 You are in the mail-order business, selling computer peripherals including high speed internet cables, various storage devices such as memory sticks, and wireless networking devices. You are considering a few alternatives for upgrading your mail ordering system to make your operations more efficient and to increase sales. Construct three or more estimates for the salvage value annual operating cost (AOC), and life. Present the estimates on an alternative-by-alternative basis (a pessimistic, a most likely, and an optimistic estimate) as in Table below. The first costs are known, so they should have the same value. Perform a sensitivity analysis and determine the most economical alternative, using Annual Worth analysis at a MARR of 10% per year. Refer Below - Table 1 : Example for three estimation on an alternative-by alternative basis. (40 marks) Table 1: Example for three estimation on an alternative-by alternative basis Alternative Estimates First cost Salvage AOC, RM Lifen, Years Value, RM Pessimistic Most likely RM per year Optimistic Pessimistic Most likely Optimistic Pessimistic Most likely Optimistic