As an Engineering Manager in one of the Food and beverage companies, you proposed the purchase of a radio frequency iden

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answerhappygod
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As an Engineering Manager in one of the Food and beverage companies, you proposed the purchase of a radio frequency iden

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As an Engineering Manager in one of the Food and beveragecompanies, you proposed the purchase of a radio frequencyidentifying based tracking system that would provide a bettersystem of stock locating in the warehouse by recording thelocations of the stock and storing the data in thecomputer.
To purchase this Tracking System for the company’s warehouse,you are considering the estimated investment, annual operating andmaintenance costs and expected annual savings are as follows
Based on the data given:a) Compute the PV, FV, IRR, andPP for this investment.b) At MARR = 15%, is the projectacceptable?
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