you've been asked to choose between two new processes, The table summarizes the costs associated with each.

	Process A	Process B
CF0	$500,000	$700,000
Salvage	$65,000	$80,000
Yearly Savings	$48,000	$60,000
Maintenance Expense	$3000 every 3 years	$1,000 occurs every other year, starting the first year and increases by $500 each time
Service Life	18	16

QUESTION 1:

1.A) Calculate the payback period for process A and process B and choose which process should be chosen depending on your answer; (A, B, Neither A or B or Both A or B are equivalent)

1.B) If you knew Process B delivers a higher quality product than A, how would you incorporate this difference in quality in your decision?