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Title: Cast Iron Stove Company wants to buy a molding machine that can be integrated into its computerized ... Post by: ruskin on Nov 8, 2017 Cast Iron Stove Company wants to buy a molding machine that can be integrated into its computerized manufacturing process. It has received three bids for the machine and related manufacturer's specifications. The bids range from $3,500,000 to $3,550,000. The estimated annual savings of the machines range from $260,000 to $270,000. The payback periods are almost identical and the net present values are all within $8,000 of each other. The president just doesn't know what to do about which vendor to choose since all of the selection criteria are so close together.
Required: What suggestions do you have for the president with regard to specific qualitative factors that could be considered? Title: Re: Cast Iron Stove Company wants to buy a molding machine that can be integrated into its ... Post by: pacho on Nov 8, 2017 Content hidden
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