Question: A new foreign museum will be built by the CNY Group and will cost $7,000,000 to build, $850,000 annually to maintain and operate and have

A new foreign museum will be built by the CNY Group and will cost $7,000,000 to build, $850,000 annually to maintain and operate and have an expected life of 25 years. The revenue is estimated to be $2, 500,000 per year. The MARR is 5%. Conduct a sensitivity analysis based on the given information. Calculate the PW of the Base case based on above given data. Calculate the PW for the range of -8% to +8% for initial cost. Calculate the PW for the range of -30% to +30% for annual revenue. Prepare a tabular distribution by using PW as FoM. Rank the order of input variables for their impact of the PW. Prepare a sensitivity graph comparing the percentage of deviation from the base case to the PW
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