Under what conditions might a hotel consider buying an item, Engineering Mathematics

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Under what conditions might a hotel consider buying an item

Question: 1. What is the equation for calculating the payback period? What are the pros and cons of this method?

2. Under what conditions might a hotel consider buying an item of equipment with a rapid payback rather than one with a high accounting rate of return?

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Engineering Mathematics: Under what conditions might a hotel consider buying an item

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Engineering Mathematics: Under what conditions might a hotel consider buying an item

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