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Question 4 A small company, formed by recent IED students, has identified a product they wish to develop. It is based on a special material
Question 4 A small company, formed by recent IED students, has identified a product they wish to develop. It is based on a special material (Rensseltonium) and a unique method for processing it. Production costs are expected to be reasonable although it will take several months to develop. Sales are predicted to be strong. An engineer working on the project stated that it is better to have a high Net Present Value for this project. Is the engineer Right or Wrong? Right Wrong > A Moving to another question will save this response
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