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Fred has projects to consider for economic feasibility. All of his projects consist of a f

Fred has projects to consider for economic feasibility. All of his projects consist of a f

Fred has projects to consider for economic feasibility. All of his projects consist of a first cost P and annual savings A. His rule of thumb is to accept all projects for which the series present worth factor (for the appropriate ALARR and sen-ice life) is equal to or greater than the payback period. Is this a sensible rule?
Abhinav 27-Nov-2019

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