In a marketplace where bottom line profitability is a true measure of business success, ongoing investment in the enterprise must be matched with initiatives that produce the greatest return. As a result, all ideas compete for the capital available and the best ideas that produce the highest short- and long-term gain with the least amount of risk ultimately win. In order to make informed decisions that improve profitability, it is critical to understand how long it takes to recover the cost of investments in machinery, production and process improvements, investments in technology and other improvements vital to the success of the business.
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