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The following alternatives are available to fill a given need which are expected to have no salvage value at the end of their normal life
The following alternatives are available to fill a given need which are expected to have no salvage value at the end of their normal life of the system. A). Analyze the sensitivity of the preferred plan due to error in estimating the interest rate. B). Perform a multi-parameter sensitivity analysis involving the two parameters, Annual cost and First cost. Determine, under what conditions, each alternative should be selected
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