ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Question
A manager wants to compare between two alternatives by the B/C method; if the overall B/C ratio for both alternatives is calculated to be exactly 1.0, which alternative should the manager select?
Select one:
a. do nothing alternative
b. Select both alternatives
c. Select the alternative that has the higher cost
d. Select the alternative based on the probability to occur
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