An airport needs a modern material handling system for


An airport needs a modern material handling system for facilitating access to and from a busy maintenance hanger. The new system with improved technology can decrease labor hours by 21% compared to used system. The new system will cost $171,112 to purchase and install. Both systems have a useful life of five years. The market value of the used system is expected to be $0 in five years and the market value of the new system is anticipated to be $74,493 in 6years. Current maintenance activity will require the used system to be operated 8 hours per day for 20 days per month. If labor costs $36 per hour and the MARR is 3% per month, PW of the difference between the old and new system is $........ (write the absolute value and round to the nearest dollar.

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Financial Management: An airport needs a modern material handling system for
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