TASA DE RENDIMIENTO.

Datos.

Máquina Impresora Máquina Impresora offset

Offset Heidelberg GTOZ S Heidelberg: Quickmaster
(Opción 1) QM 46-2 (Opción 2)

Inversión Inicial ($) $6,500.00 $6,000.00

Vida Económica (Años) 6 7

Gastos de operación ($) $9,096.71 $9,335.69

Gradiente ($). $250.00 $100.00

Valor de recuperación ($) $5,000.00 $5,100.00

C O A = A1 + g ( GA ,i , n)= 9,096.71 + 250 (A/G,15%,6)

𝐶𝑂𝐴 = 9,096.71 + 250(2.0972) = $9,621.01

C O B= A2 +G ( GA ,i , Q)=9,335.69+100( GA , 15 % , 7)
𝐶𝑂𝐵 = 9,335.69 + 100(2.4498) = $9,580.67

$6,500 $6,000
$9,621.01 $9,580.67

$5,000
$5,100
 Costo anual de “A” = costo anual de “B”

( A
) ( A
)
( P A −L A ) P , i, n + L A i+C O A ≈ ( PB −LB ) P ,i , Q + L B i +C O B

Primera Prueba i=0%

(6,500-5,000) (A/P, 0%, 6) +5,000(0) + 9,621.01≈ (6,000-5,100) (A/P, 0%, 7) + 5,100(0) + 9,580.67

(6,500-5,000) (1/6) +5,000(0) + 9,621.01≈ (6,000-5,100) (1/7) + 5,100(0) + 9,580.67

$9,871.01˃$9,709.24

Dif=161.77

161.77
iaprox= x 100 %=32.35 % ≫ 32 %
6500−6000

Si PB −A > LB −A → Tasas Mayores

i=35 %
(6,500-5,000) (A/P, 35%, 6) + 5000(0.35) + 9,621.01 ≈ (6,000-5,100) (A/P, 35%, 7) + 5,100(0.35) +
9,580.67

(6,500-5,000) (0.41926) + 5000(0.35) + 9,621.01 ≈ (6,000-5,100) (0.39880) + 5,100(0.35) + 9,580.67

$12,000 ˃ $11,723.87

Dif=276.13

i=40 %
(6,500-5,000) (A/P, 40%, 6) + 5000(0.40) + 9,621.01 ≈ (6,000-5,100) (A/P, 40%, 7) + 5,100(0.40) +
9,580.67

(6,500-5,000) (0.46126) + 5000(0.40) + 9,621.01 ≈ (6,000-5,100) (0.44192) + 5,100(0.40) + 9,580.67

$12,312.90 ˃ $12018.398

Dif= $ 294.502
i=45 %
(6,500-5,000) (A/P, 45%, 6) + 5000(0.40) + 9,621.01 ≈ (6,000-5,100) (A/P, 45%, 7) + 5,100(0.40) +
9,580.67
6 7
(6,500-5,000) ( 0.45∗(1+0.45) ) + 5000(0.45) + 9,621.01≈ (6,000-5,100) ( 0.45∗(1+0.45) ) +
¿¿ ¿¿
5,100(0.45) + 9,580.67

$12,627.39 ˃ $12,313.13

Dif= $ 314.26

i=50 %
(6,500-5,000) (A/P, 50%, 6) + 5000(0.50) + 9,621.01 ≈ (6,000-5,100) (A/P, 50%, 7) + 5,100(0.50) +
9,580.67

(6,500-5,000) (0.54812) + 5000(0.50) + 9,621.01 ≈ (6,000-5,100) (0.53108) + 5,100(0.50) + 9,580.67

$12,608.642 < $12,943.19

Dif= $ 334.548

Si PB −A > LB −A

𝑑𝑖𝑓𝑒𝑟𝑒𝑛𝑐𝑖𝑎 𝑝𝑒𝑛𝑢𝑙𝑡𝑖𝑚𝑎
𝑟𝑒𝑎𝑙 = 𝑖 𝑝𝑒𝑛𝑢𝑙𝑡𝑖𝑚𝑎 + ( ) (𝑑𝑖𝑓. 𝑒𝑛𝑡𝑟𝑒 𝑡𝑎𝑠𝑎𝑠)
𝑑𝑖𝑓𝑒𝑟𝑒𝑛𝑐𝑖𝑎 𝑝𝑒𝑛𝑢𝑙𝑡𝑖𝑚𝑎 + 𝑑𝑖𝑓 𝑢𝑙𝑡𝑖𝑚𝑎

ireal=45 %+ ( 334.548+314.26
334.548
) ( 5 %) ≫ 47.57 % ≫ ireal=48 %
Si ireal ˃ iTMAR = 48% ˃ 15% Acepta la mayor inversión inicial ´´A´´