The CFO sent your plant manager an e-mail stating that the electric bill has been running about 15% higher each month when compared to the same month of the previous year. He strongly suggested that the manager should “replace all incandescent lamps with CFLs to bring these costs down.” Your plant manager does not believe that CFLs will reduce the energy costs. In fact, he has told you not to install them. But he does want you to investigate exactly why the electric bill has ...

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