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You are part of a business simulation project where you are tasked with analysing the feasibility of opening a new restaurant in Durban North. Considering
You are part of a business simulation project where you are tasked with analysing the feasibility of opening a new restaurant in Durban North. Considering this, discuss how a sensitivity analysis can be applied and utilised when assessing the financial feasibility of opening a new restaurant. In addition, describe the key variables that should be incorporated into the sensitivity analysis model to make informed business decisions
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