For each of the following scenarios, state whether an incremental ROR analysis is required to select an alternative and state why or why not. Assume that alternative Y requires a larger initial investment than alternative X and that the MARR is 20% per year.

(a) X has a rate of return of 22% per year, and Y has a rate of return of 20% per year.
(b) X has a rate of return of 19% per year, and Y has a rate of return of 21% per year.
(c) X has a rate of return of 16% per year, and Y has a rate of return of 19% per year.
(d) X has a rate of return of 25% per year, and Y has a rate of return of 23%.
(e) X has a rate of return of 20%, and Y has a rate of return of 22% per year.

What will be an ideal response?


(a) Incremental investment analysis is not required. Alternative X should be selected
because the rate of return on the increment is known to be lower than 20%
(b) Incremental investment analysis is not required because only Y has ROR greater
than the MARR
(c) Incremental investment analysis is not required. Neither alternative should be

selected because neither one has a ROR greater than the MARR.

(d) The ROR on the increment is less than 25%, but an incremental investment
analysis
is required to determine if the rate of return on the increment equals or exceeds
MARR = 20%
(e) Incremental investment analysis is not required because it is known that the ROR
on
the increment is greater than 22%. Select Y

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