Question
ScramblerCo has received an advance of $25,000 on a materials testing project. The company will spend $120,000 at the end of this year and then
ScramblerCo has received an advance of $25,000 on a materials testing project. The company will spend $120,000 at the end of this year and then receive $100,000 at the end of the second year. Its MARR is 10%.
(a) Calculate the acurate ERR. (5 marks)
(b) Calculate the approximate ERR. (5 marks
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Principles of Operations Management Sustainability and Supply Chain Management
Authors: Jay Heizer, Barry Render, Chuck Munson
10th edition
978-0134183954, 134183959, 134181980, 978-0134181981
