Pace Automation Corporation in Cookeville, Tennessee must choose the better cconomical alternativebetween the two listed below. If 1,000 units are required per year, which alternative is cconomicallyattractive? Assume that the life of the automated equipment is 5 years.O aAlternative ASkilled Operator at $25 per hour, 35 minutes per unit of skilled labor time is required.Unskilled operator at $12 per hour plus automated equipment costing $50,000; 10minutes of operator time per unit is required.Ob.Alternative BQUESTION 9The present worth of an amount of money "Y" that will be received 10 yea from now is $10,000. At an interest rate of8% per year, the value of "Y" ten years fromnow is equal to:Oa $19,525OD $16.756OC$18,000Od $21,589

Given : Number of units required per year=1000,Life of automated equipment=10 years Alternative A -…

Pace Automation Corporation in Cookeville, Tennessee must choose the better economical alternative between the two listed below. If 1,000 units are required per year, which alternative is cconomically attractive? Assume that the life of the automated equipment is 5 years. O a Alternative A Skilled Operator at $25 per hour, 35 minutes per unit of skilled labor time is required, Ob. Unskilled operator at $12 per hour plus automated equipment costing $50,000; 10 minutes of operator time per unit is required. Alternative B QUESTION 9 The present worth of an amount of money "Y" that will be received 10 yeart from now is $10,000. At an interest rate of 8% per year, the value of "Y" ten years from now is equal to: Oa $19,525 Ob$16.756 OC$18,000 Od $21,589

Pace Automation Corporation in Cookeville, Tennessee must choose the better economical alternative between the two listed below. If 1,000 units are required per year, which alternative is cconomically attractive? Assume that the life of the automated equipment is 5 years. O a Alternative A Skilled Operator at $25 per hour, 35 minutes per unit of skilled labor time is required, Ob. Unskilled operator at $12 per hour plus automated equipment costing $50,000; 10 minutes of operator time per unit is required. Alternative B QUESTION 9 The present worth of an amount of money "Y" that will be received 10 yeart from now is $10,000. At an interest rate of 8% per year, the value of "Y" ten years from now is equal to: Oa $19,525 Ob$16.756 OC$18,000 Od $21,589

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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