Question: Plot the results on a graph similar to Figure 183 and comment on the relative sensitivity of each parameter. Sensitivity analysis graph of percent variation
Plot the results on a graph similar to Figure 183 and comment on the relative sensitivity of each parameter.
Sensitivity analysis graph of percent variation from the most likely estimate
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A new online patient diagnostics system for surgeons will cost $200,000 to install, cost $5000 annually to maintain and will have an expected life of 5 years. The added revenue is estimated to be $60,000 per year, and the MARR is 10% per year. Examine the sensitivity of present worth to variation in selected parameter estimates, while others remainconstant.
50% 40%- 30%- 10%- 0% -10%- -20% 50% -40% -30% -20% -10% 0% 10% 20% 30% 40% 509 % Change in individual parameter Parameter Legend Sales price Direct material + Sales volume x Indirect cost o Direct labor Capital
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Spreadsheet is plotted for all three parameters P R and n Variations in P and R have ab... View full answer
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