the only qualitative factors we can pick are the ones showing.

wn A variety of robots were featured at the 2016 National Restaurant Show that could (Click the icon to view additional information.) be used for a variety of tasks in restaurants. These robots were introduced at the same time that an ongoing debate ensued in the United States about the merits of Read the requirements. a national minimum wage of $12 per hour for every worker. m Requirement 1. What would the payback period be on a Burger World robot used for food preparation? (Round your answer to two decimal places.) Initial investment | Expected annual net cash inflow Payback period 42,900 1$ 54,390 0.79 years Requirement 2. What qualitative factors would Burger World need to consider when deciding whether to purchase robots to replace some of its food preparation workers? (Select only those that apply. If a box is not used in the table leave the box empty; do not select a label.) Qualitative factors to consider include: The additional operating costs incurred to maintain and service the robot. The cost savings from eliminating employee wages. The impact of replacing people with machines would have with customers. The initial cost incurred from the purchase of the robot. iwnic More Info (Click the icon to view additional information.) mo Read the requirements 0 Requirements - Indard A former Burger World USA CEO, Ted Connor, said that purchasing a $38,000 robotic arm would be cheaper than paying fast-food workers $12 per hour for food preparation tasks like bagging French fries. To test the former CEO's assertion using a hypothetical example, make the following assumptions: a. For the cost of the hourly workers, use a total wage rate of $14 per hour to reflect payroll taxes (the hourly wage rate used here is higher than $12 since payroll taxes can add 15% or more to the hourly wage rate) b. Assume that freight and installation for the robot's initial placement in a Burger World restaurant will be a one-time cost of $4,900. c. The robot will require annual maintenance service. Assume an annual service contract is required that costs 10% of the original robot cost including the original freightlinstallation d. Assume that the robot will replace 12 employee hours per day, 360 days per year (the robot will not, at least initially, be as versatile as a person and cannot fully eliminate all food prep workers at this point) e. Electricity and supplies consumed by the robot will be assumed to be $1,800 per year 1. What would the payback period be on a Burger World robot used for food preparation? (Round to the nearest two decimal places.) 2. What qualitative factors would Burger World need to consider when deciding whether to purchase robots to replace some of its food preparation workers? 3. Given the payback period, would not present value (NPV) or internal rate of return (IRR) be likely to be useful tools for analyzing this decision Support your response Print Done Print Done