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You have to choose the most cost advantageous alternative from the following choices that are shown with their initial cost (in $100s) and their individual
You have to choose the most cost advantageous alternative from the following choices that are shown with their initial cost (in $100s) and their individual benefit- cost ratio: Red, 13.0, 1.06; Orange, 8.9, 1.13; Yellow, 11.8, 0.98: Green, 14.5, 1.10; Blue, 16.4, 1.02; Indigo, 10.4, 0.96; and Violet, 12.7, 1.04. After dropping the alternatives that were not economically viable, a series of Challenger-Defender evaluations were conducted with the following incremental benefit-cost ratio results: 1st Challenger-Defender evaluation, 1.09; 2nd Challenger-Defender evaluation, 0.97; 3rd Challenger-Defender evaluation, 1.13; and 4th Challenger- Defender evaluation: 0.99. The ____ alternative is the most economically advantageous. . Green Green. You selected this answer. Red Violet Blue Orange Indigo Yellow
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