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Conduct a scenario analysis. Suppose that the hospital's staff concluded that the three most uncertain variables were number of procedures per day, average collection amount,
Conduct a scenario analysis. Suppose that the hospital's staff concluded that the three most uncertain variables were number of procedures per day, average collection amount, and the equipment's salvage value. Furthermore, the following data were developed:
Scenario Probability Number of Procedures Average Collection Equipment Salvage Value
Worst 0.25 10 $ 60 100,000
Most likely 0.50 15 80 200,000
Best 0.25 20 100 300,000
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