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11.6 Mike Lazenby, an industrial engineer at Energy Conservation Service, has found that the anticipated profitability of a newly developed water-heater temperature- control device can

11.6 Mike Lazenby, an industrial engineer at Energy Conservation Service, has found that the anticipated profitability of a newly developed water-heater temperature- control device can be measured by present worth with the formula NPW=4.028V (2X - $11) - 77, 860. where V is the number of units produced and sold and X is the sales price per unit. Mike also has found that the value of the parameter V could occur anywhere over the range from 1,000 to 6,000 units and that of the parameter X anywhere between $20 and $45 per unit. Develop a sensitivity graph as a function of the number of units produced and the sales price per unit.
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11.6 Mike Lazenby, an industrial engineer at Energy Conservation Service, has found that the anticipated profitability of a newly developed water-heater temperaturecontrol device can be measured by present worth with the formula NPW=4.028V(2X$11)77,860 where V is the number of units produced and sold and X is the sales price per unit. Mike also has found that the value of the parameter V could occur anywhere over the range from 1,000 to 6,000 units and that of the parameter X anywhere between $20 and $45 per unit. Develop a sensitivity graph as a function of the number of units produced and the sales price per unit

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