Alternatives are stand-alone descriptions of viable solutions to problems that can meet the objectives. Words, pictures, graphs, equipment and service descriptions, simulations, etc. define each alternative. For each alternative, are estimated. a. objectives O b. sensitivity analysis O. parameters O d. cash flows

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter17: Long-term Investment Analysis
Section: Chapter Questions
Problem 10E
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Alternatives are stand-alone descriptions of viable solutions to problems that can meet the objectives.
Words, pictures, graphs, equipment and service descriptions, simulations, etc. define each
alternative. For each alternative,
are estimated.
a. objectives
b. sensitivity analysis
c. parameters
d. cash flows
Transcribed Image Text:Alternatives are stand-alone descriptions of viable solutions to problems that can meet the objectives. Words, pictures, graphs, equipment and service descriptions, simulations, etc. define each alternative. For each alternative, are estimated. a. objectives b. sensitivity analysis c. parameters d. cash flows
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