Question 4 (25 marks)- A large manufacturing company is now evaluating three mutually exclusive production systems. The following table describes the data: + C Be $8,800- $2,005- $19,000- S600 + 4 x 200- $1,500 + 4 x 200- S 2,300 + 4 x 200- System- Initial investment (millions) Annual receipts less expenses (millions) Salvage value (millions) Useful life (years)- $100- $330- 52 102 20- (a) Apply repeatability assumption and use the PW method to select the best system. The MARR is 10% per year, and the system chosen must provide service for 20 years. (correct your final answer to 3 decimal places) (8 marks) (b) Apply repeatability assumption and use the AW method to select the best system. The MARR is 10% per year, and the system chosen must provide service for 20 years. (correct your final answer to 3 decimal places) (8 marks) Apply co-terminated assumption and use the FW method to select the best system. The MARR is 10% per year, and the study period is 20 years. (correct your final answer to 3 decimal places (9 marks) -End of Additional Assignment (Replacing Test) - Question 4 (25 marks)- A large manufacturing company is now evaluating three mutually exclusive production systems. The following table describes the data: + C Be $8,800- $2,005- $19,000- S600 + 4 x 200- $1,500 + 4 x 200- S 2,300 + 4 x 200- System- Initial investment (millions) Annual receipts less expenses (millions) Salvage value (millions) Useful life (years)- $100- $330- 52 102 20- (a) Apply repeatability assumption and use the PW method to select the best system. The MARR is 10% per year, and the system chosen must provide service for 20 years. (correct your final answer to 3 decimal places) (8 marks) (b) Apply repeatability assumption and use the AW method to select the best system. The MARR is 10% per year, and the system chosen must provide service for 20 years. (correct your final answer to 3 decimal places) (8 marks) Apply co-terminated assumption and use the FW method to select the best system. The MARR is 10% per year, and the study period is 20 years. (correct your final answer to 3 decimal places (9 marks) -End of Additional Assignment (Replacing Test)