Estimated savings are 15000 per year for each of the next


Applications of green, lean manufacturing techniques coupled with value stream mapping can make large fi nancial differences over future years while placing greater emphasis on environmental factors. Engineers with Monarch Paints have recommended to management an investment of $200,000 now in novel methods that will reduce the amount of wastewater, packaging materials, and other solid waste in their consumer paint manufacturing facility. Estimated savings are $15,000 per year for each of the next 10 years and an additional savings of $300,000 at the end of 10 years in facility and equipment upgrade costs. Determine the rate of return using hand and spreadsheet solutions.

Solution Preview :

Prepared by a verified Expert
Finance Basics: Estimated savings are 15000 per year for each of the next
Reference No:- TGS01175059

Now Priced at $10 (50% Discount)

Recommended (97%)

Rated (4.9/5)