Problem
How many widgets must be needed by Acme Manufacturing per year to justify buying the required machinery for widget manufacturing for $10K? The manufacturing cost is $.26 each, and they can be purchased for $.35 each. The machinery must be overhauled at the end of every third year for $3000. Its salvage value after 12 years is zero. The firm uses an interest rate of 12%.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.