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Decision Making and Cost-Benefit Analysis at Ferrari Requirements: Use cost-benefit analysis techniques at Ferrari to evaluate investment decisions in new engine technology. Option Costs ($)
Decision Making and Cost-Benefit Analysis at Ferrari
Requirements:
- Use cost-benefit analysis techniques at Ferrari to evaluate investment decisions in new engine technology.
Option | Costs ($) | Benefits ($) |
Hybrid Engine Technology | 50,000,000 | 75,000,000 |
Gasoline Engine Technology | 40,000,000 | 60,000,000 |
- Analyze the costs and benefits of adopting hybrid engine technology versus traditional gasoline engines for Ferrari's sports cars.
- Evaluate the environmental and performance advantages of hybrid engines compared to gasoline engines for Ferrari.
- Recommend Ferrari's investment decision based on cost-benefit analysis and strategic alignment with sustainability goals.
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