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16. Given the data below, perform a cost/benefit analysis and use the results to choose the best task improvement method. Show your work- no points for guessing. Clearly indicate which method a. New Lighting: Purchase Price $2,000 Installation cost $500 Projected increase in profit-$200 Projected savings for scrap reduction-S50 Training cost - SO Projected S lost due to down time for installation $O b. CNC Lathe: Purchase Price $18,000 Installation cost $2,500 Projected increase in profit $10,000 Projected savings for scrap reduction-$500 Training cost $3,000 Projected S lost due to downtime for installation-$O c. Conveyor system Purchase Price $5,000 Installation cost $3,000 Projected increase in profit- $7,500 Projected savings for scrap reduction - so Training cost $250 Projected S lost due to downtime for installation- $5,000
engineering   Mechanical-Engineering   
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Costs o. New Lightingb. CNC lathe c. Conveyor Cego Cost ategosCost xchase $2000 Installation| 500 CategoryCost Pischase $5000

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