Description:
A chemical processing corporation is considering three methods to dispose of a non-hazardous chemical sludge: land application, fluidized-bed incineration, and private disposal contract. The estimates for each method are shown. Determine which has the least cost on the basis of a present worth comparison at 10% per year for the following scenarios: Land Application Incineration Contract First Cost, $ ?130, 000?900,0000Annual Operating cost, $ per year?95,000?60,000?120,000Salvage value, $25,00030,0000Life, years663
