The monthly demand for ice cream cans being manufactured by Mr. Rivera is 3,200 pcs. With a manually operated guillotine the unit cutting cost is Php 50.00. An electrically operated hydraulic guillotine was offered to him at a price of Php 300,000 and which reduced by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Rivera be able to recover the cost of the machine if he decides to buy now?    Engineering Economics

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