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Unformatted text preview: 2) You should be careful to evaluate your alternatives multi-dimensionally, as stressed in the course. This involves a table in which you compare the fixed and flexible possibilities (conventionally in column headings) on the basis of the following criteria, as applicable: • Expected NPV (ENPV) • Maximum and Minimum Values • Initial Capital Investment (CAPEX) • Some measure of Return on Investment (e.g., ENPV / CAPEX) 3) Add a final chapter that reflects on • Where you see the most use for the Flexible approach to design, and the valuation of options, that the course has stressed • What you feel that have learned from the process of doing the application. Best wishes!! Turn-in Instructions Subject line: Turn-in of Complete Application Portfolio– “your name” Name your file: “last name – topic – complete. 1...
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This note was uploaded on 11/08/2011 for the course AERO 16.851 taught by Professor Ldavidmiller during the Fall '03 term at MIT.
- Fall '03