The operations management team evaluated ranked andrecommended a set of capital

The operations management team evaluated ranked andrecommended a set of capital projects using evaluation tools suchas NPV payback and IRR. The evaluation ranking andrecommendations were by category of expenditures with the intent ofestablishing the cost of fully equipping a facility in compliancewith the planned expansion. The fully equipped facility cost wasthen evaluated using tools such as payback NPV and IRR.