Determine the true stress and true strain at maximum load
A steel tensile specimen with starting gage length = 2.0 in and cross-sectional area = 0.5 in2 reaches a maximum load of 37,000 lb. Its elongation at this point is 24%. Determine the true stress and true strain at this maximum load.
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A steel tensile specimen with starting gage length = 2.0 in and cross-sectional area = 0.5 in2 reaches a maximum load of 37,000 lb. Its elongation at this point is 24%.
Describe the Modified Internal Rate of Return (MIRR) method for determining a capital budgeting project's desirability. What are MIRR's strengths and weaknesses?
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