Current Cost = $ 76000, Cost in Year 1 post innovation = $ 58000 and Cost in Year 2 post innovation = $ 50000
Year 1 Savings = 76000 - 58000 = $ 18000 and Year 2 to Year 5 Savings = 76000 - 50000 = $ 26000
Interest Rate = 8 % and Initial Investment = $ 16000
Present Worth = 18000 / (1.08) + 26000 / (1.08)^(2) + 26000 / (1.08)^(3) + 26000 / (1.08)^(4) 26000 / (1.08)^(5)= $ 96403.05
Costs associated with the manufacture of miniature high-sensitivity piezoresistive pressure transducers is $76,000 per year. A...
Costs associated with the manufacture of miniature high-sensitivity piezoresistive pressure transducers is $76,000 per year. A clever industrial engineer found that by spending $16,000 now to reconfigure the production line and reprogram two of the robotic arms, the cost will go down to $58,000 next year and $50,000 in years 2 through 5-Using an interest rate of 8% per year, determine the present worth of the savings due to the reconfiguration. The present worth of the savings is determined to...
Costs associated with the manufacture of miniature high-sensitivity piezoresistive pressure transducers is $77,000 per year. A clever industrial engineer found that by spending $16,000 now to reconfigure the production line and reprogram two of the robotic arms, the cost will go down to $57,000 next year and $50,000 in years 2 through 5. Using an interest rate of 9% per year, determine the present worth of the savings due to the reconfiguration.
Costs associated with the manufacture of miniature high-sensitivity piezoresistive pressure transducers is $78,000 per year. A clever industrial engineer found that by spending $16,000 now to reconfigure the production line and reprogram two of the robotic arms, the cost will go down to $55,000 next year and $50,000 in years 2 through 5. Using an interest rate of 8% per year, determine the present worth of the savings due to the reconfiguration. The present worth of the savings is determined...
Costs associated with the manufacture of miniature high-sensitivity piezoresistive pressure transducers is $76,000 per year. A clever industrial engineer found that by spending $16,000 now to reconfigure the production line and reprogram two of the robotic arms, the cost will go down to $53,000 next year and $52,000 in years 2 through 5. Using an interest rate of 9% per year, determine the present worth of the savings due to the reconfiguration. The present worth of the savings is determined...
Costs associated with the manufacture of miniature high-sensitivity piezoresistive pressure transducers is $74,000 per year. A clever industrial engineer found that by spending $16,000 now to reconfigure the production line and reprogram two of the robotic arms, the cost will go down to $55,000 next year and $57,000 in years 2 through 5. Using an interest rate of 8% per year, determine the present worth of the savings due to the reconfiguration.
Costs associated with the manufacture of miniature high-sensitivity piezoresistive pressure transducers is $83,000 per year. A clever industrial engineer found that by spending $18,000 now to reconfigure the production line and reprogram two of the robotic arms, the cost will go down to $56,000 next year and $54,000 in years 2 through 5. Using an interest rate of 12% per year, determine the present worth of the savings due to the reconfiguration. The present worth of the savings is determined...
Costs associated with the manufacture of miniature high-sensitivity piezoresistive pressure transducers is $74,000 per year. A clever industrial engineer found that by spending $17,000 now to reconfigure the production line and reprogram two of the robotic arms, the cost will go down to $56,000 next year and $51,000 in years 2 through 5. Using an interest rate of 14% per year, determine the present worth of the savings due to the reconfiguration.
Costs associated with the manufacture of miniature high-sensitivity piezoresistive pressure transducers is $76,000 per year. A clever industrial engineer found that by spending $20,000 now to reconfigure the production line and reprogram two of the robotic arms, the cost will go down to $51,000 next year and $50,000 in years 2 through 5. Using an interest rate of 13% per year, determine the present worth of the savings due to the reconfiguration. The present worth of the savings is determined...
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Costs associated with the manufacture of miniature high-sensitivity piezoresistive pressure transducers is $76,000 per year. A clever industrial engineer found that by spending $16,000 now to reconfigure the production line and reprogram two of the robotic arms, the cost will go down to $58,000 next year and $50,000 in years 2 through 5-Using an interest rate of 8% per year, determine the...
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Costs associated with the manufacture of miniature high-sensitivity piezoresistive pressure transducers is $75,000 per year. A clever industrial engineer found that by spending $16.000 now to reconfigure the production line and reprogram two of the robotic arms. the cost will go down to $53,000 next year and $56 000 in years 2 through 5 Using an interest rate of 12% per year, determine the present worth of the savings due...