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values are in millions ) : The system life of 8 years represents the period that the contract with the medical suppliers is in force.

values are in millions):
The system life of 8 years represents the period that the contract with the medical suppliers is in force. The hospital's MARR is 10%,
a) What is the incremental rate of return going from the current practice to the just in time system?
IRR for (Just in time - Current practice)=
b) What is the incremental rate of return going from the just in time system to the stockless supply system?
IRR for (Stockless supply - Just in time)=
(keep 2 decimal places in numerical results)
c) What is the incremental rate of return going from the current practice to the stockless supply system?
IRR for (Stockless supply - Current practice)=
%
d) Based on the above calculated numbers, which option is the best by utilizing the incremental rate of return criterion?
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