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CRITERIA FOR INVESTMENT DECISIONS
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activity alternative analysis Annual approximately Assembly Labor asset average book value calculations cash flow Chapter chines Companies Reporting Zero control machine-time ratio conventional machines decision maker decrease depreciation charge depreciation method determine deviation to mean direct labor discounted cash flow estimated evaluation example expected value expense factors Figure Finished Goods Inventory firm Floor Space formula indicated indirect savings inspection interest rate machine tool maintenance costs MAPI mean ratio Milling Machining minimax NC Machine Type Nonperishable Tooling Number of Companies numerical control fractions numerical control machine-time numerically controlled equipment numerically controlled machine obsolescence omelet operating payback period Percentage Less Perishable Tooling point-to-point present worth production profit programming projects rate of return replacement Reporting Zero Reduction responding companies salvage value sample Scrap and Rework setup shown standard deviation straight-line depreciation survey Table tax rate Tool Change tooling cost Total Number Training Cost uncertainty decisions work-in-process inventory