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The incinerator system shown below can be equipped with a catalyst bed and the same degree of hydrocarbon removal accomplished at a temperature of 750

The incinerator system shown below can be equipped with a catalyst bed and the same degree of hydrocarbon removal accomplished at a temperature of 750 F. The catalyst and installation will cost $250,000 and will have a service life of 3 years. If the salvage value of the catalyst is $6,000, fuel costs $7 per million Btu, and the company requires a 15% ROI before taxes, should the catalyst be installed? Assuming 250 operating days per year and total heat saved 3.16X106 Btu/hr

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