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Stitches - R - Us is considering purchasing a sewing machine which will automate its processes. The company could sell more products; however, their old
Stitches - R - Us is considering purchasing a sewing machine which will automate its processes. The company could sell more products; however, their old sewing machine cannot produce products fast enough. As a result, if the new sewing machine were purchased, sales would increase. The company has two purchase options: a brand-new machine or a refurbished machine. Details on each purchase is as follows (the brand-new machine is more efficient and can produce more units and therefore generate more inflows per year). Which machine should the company purchase
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