Question $4$

The management of a company is considering replacing a number of old looms in the mill's weave room. The looms to be replaced are two $220-cm$ President looms, sixteen $135-cm$ President looms, and twenty$-$two $185-$cm Draper X$-$P$2$ looms. The company may either replace the old looms with new ones of the same kind or buy $21$ new shutterless Pignone looms. The first alternative requires the purchase of $40$ new President and Draper looms and the scrapping of the old looms. The second alternative involves scrapping the $40$ old looms, relocating $12$ Picanol looms, and constructing a concrete floor, plus purchasing the $21$ Pignone looms and various related equipment. Following are the revenue and expense predictions:

$\backslash$table$[[$Description$,$Alternative $1,$Alternative $2],[$Machinery$/$related equipment,$$2,250,000,$$$1,100,000$