Each year after year 5, the company examines sales. If fewer than 90,000 cars were sold that

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Each year after year 5, the company examines sales. If fewer than 90,000 cars were sold that year, there is a 50% chance the car won’t be sold after that year. Modify the model and run the simulation. Keep track of two outputs: NPV

(through year 10) and the number of years of sales.

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Practical Management Science, Revised

ISBN: 9781118373439

3rd Edition

Authors: Wayne L Winston, S. Christian Albright

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