Engineering Economics Please answer a and b, thank you A toy manufacturingcompany is selling pokemon figures in LatinAmerica, generating annual revenues of $50000.Question 1However, due to a new cartoon planned to belaunched in 3 years from now, the revenues areexpected to increase by $10000 each year for 4consecutive years, after which the revenues willcontinue at the original level for another 4 years.Then the company is expected to close all itsoperations and sell all its available assets. Thefinal selling operation is expected to generate$34000 including the building and all themachines. The operating cost of the factory is$28000 per year . If the MARR=12% answer thefollowing:а)What is the Future Worth of thiscompany?Instructions:Use 4 digits in your calculations andreporting the answers.Do not write commas or apostrophes.Do not write $ (dollar sign) or any othersymbol, just write the number.FW=$b) What is your decision? Do you change yourdecision if MARR decreases? Explain.

Future worth is the worth of a present resource sometimes not too far off in view of an accepted…

Question 1 A toy manufacturing company is selling pokemon figures in Latin America, generating annual revenues of $50000. However, due to a new cartoon planned to be launched in 3 years from now, the revenues are

Question 1 A toy manufacturing company is selling pokemon figures in Latin America, generating annual revenues of $50000. However, due to a new cartoon planned to be launched in 3 years from now, the revenues are

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Engineering Economics Please answer a and b, thank you

Application of economic techniques to the evaluation of design and engineering alternatives. The role of engineering economics is to assess the appropriateness of a given project, estimate its value, and justify it from an engineering standpoint.

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