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2.14 Two electric motors are available to satisfy a continuous demand of 85 kW. Motor I has an initial cost of S5,500 with an operating efficiency of 91%. Motor 2 has an initial cost of $4,000 with an operating efficiency of 89%. Each motor has a life of 10 years with no salvage value. The annual cost of electricity to run the machines is $19.20 per kW of demand plus $0.12 per kWh of energy use. Determine the number of runtime hours that makes these two motors economically equivalent to each other if the MARR is 22%. 2.15 A company has data that indicates the annual expenditures on a robotics manufacturing line are uniform at $100 per unit
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