The West Gulf Maritime Association and Port Houston spent $300,000 on two simulators to give new crane operators experience in the cab of ship-to- shore cranes that unload massive containers. If the simulator gets new operators to more quickly meet the expected standard of moving 30 to 35 containers each hour, what must be the savings in operator training and accident reduction costs each year in order to recover the investment in 5 years at an interest rate of 10% per year compounded daily

Why is accountability important in managing safety

Experienced problem solvers always consider both the value and units of their answer to a problem. why?

Quick computing currently sells 12 million computer chips each year at a price of $19 per chip. it is about to introduce a new chip, and it forecasts annual sales of 22 million of these improved chips at a price of $24 each. however, demand for the old chip will decrease, and sales of the old chip are expected to fall to 6 million per year. the old chips cost $10 each to manufacture, and the new ones will cost $14 each. what is the proper cash flow to use to evaluate the present value of the introduction of the new chip? (enter your answer in millions.)