Question: I need help please 3. Real-world application. Provide one example and concretely discuss how CVP helps you with the decision-making in real life? If possible,


I need help please
3. Real-world application. Provide one example and concretely discuss how CVP helps you with the decision-making in real life? If possible, calculate that savings by adding any assumption necessary. Come up with your own practical real-world example that you (the group) can demonstrate your knowledge. Otherwise, use mine but then, it better be darn good to use my example (since you lose creativity credit right there). Example: -- Can't think of any? Let's say if you want to buy a new car but not sure if the hybrid (Prius) is the right choice and wondering how many miles must you need to drive to make it worthwhile? -- I will research the Prius mpg and price. I may benchmark that against my current car that I drive, assuming it doesn't have any issues, so I will assume to sell that I find its $ value and MPG on the Kelly.com. Then, I can calculate the break-even by miles. I will conclude by saying how realistic of # of miles | need to drive to make it worthwhile (in addition to maybe a couple of other "qualitative (non- fiancial)" reasoning to make a decision. 3. Real-world application. Provide one example and concretely discuss how CVP helps you with the decision-making in real life? If possible, calculate that savings by adding any assumption necessary. Come up with your own practical real-world example that you (the group) can demonstrate your knowledge. Otherwise, use mine but then, it better be darn good to use my example (since you lose creativity credit right there). Example: -- Can't think of any? Let's say if you want to buy a new car but not sure if the hybrid (Prius) is the right choice and wondering how many miles must you need to drive to make it worthwhile? -- I will research the Prius mpg and price. I may benchmark that against my current car that I drive, assuming it doesn't have any issues, so I will assume to sell that I find its $ value and MPG on the Kelly.com. Then, I can calculate the break-even by miles. I will conclude by saying how realistic of # of miles | need to drive to make it worthwhile (in addition to maybe a couple of other "qualitative (non- fiancial)" reasoning to make a decision
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