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.
Cost of reconfiguration =$17000
Savings in year 1 = 74000 - 56000 = $18000
Saving in year 2 to 5 = 74000 - 51000 = $23000
R = 14%
So,
PW of savings = 18000/1.14 + (23000*(1-1/1.14^4)/.14)*(1/1.14) - 17000
PW of savings = $57574.9 or $57575
So, the present worth of savings is $57574.9 or $57575.
Costs associated with the manufacture of miniature high-sensitivity piezoresistive pressure transducers is $74,000 per year. A...
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.
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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 $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 $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 $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...
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met 21 Saved Help Save & Exit Submit Check my worn 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 $17,000 now to reconfigure the production line and reprogram two of the robotic arms, the cost will go down to $49,000 next year and $48,000 in years 2 through 5. Using an interest rate of 10% per year, determine the present worth of the savings due...
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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...