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Question 4 (20 pts. A manufacturing company is considering the purchase of a lorry for connecting services between factory and the new warehouse for an
Question 4 (20 pts. A manufacturing company is considering the purchase of a lorry for connecting services between factory and the new warehouse for an indefinite amount of time. The estimates on two types of lorry under consideration, The LR 2000 and The LR 3000, are given in the table below The LR 2000 The LR 3000 Assume that both lorry models will be available for the same pnce and salvage values in the First Cost $95,000 $120,000 future. Determine which model is more profitable. (Use MARR=104) Annual Maintenance $3,000 $9.000 Salvage Value at the End of Useful ute $30.000 $65,000 Useful life in Years
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