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A City Council Is Planning to Build a New Bridge

question 41

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A city council is planning to build a new bridge across a creek. This will require an immediate expenditure of $50 000, but will save citizens an estimated $5 000 in travel costs every year over the next twenty years. If the council's MARR is 5%, what is the BCR for the project?


Definitions:

Closed-loop Supply Chains

Supply chains designed to integrate forward logistics with the reverse logistics process, enabling recycling, refurbishment, or disposal of products.

Reverse Logistics

The process of moving goods from their typical final destination for the purpose of capturing value, or proper disposal.

Strategic Initiative

A comprehensive plan or set of actions aimed at achieving major goals and objectives within an organization or business.

Suppliers Cooperation

The collaborative efforts between companies and their suppliers to improve product quality, reduce costs, and enhance supply chain efficiency.

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