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ruskin ruskin
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6 years ago
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.

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What suggestions do you have for the president with regard to specific qualitative factors that could be considered?
Textbook 
Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
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pachopacho
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6 years ago
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-Michigan State University

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ruskin Author
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6 years ago
Thank you, thank you, thank you!
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my2redeyes
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2 hours ago
Helped a lot
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