Question: NPV Problem Lite - Bikes Ltd . ( LB ) is a company in Brisbane that has been selling light - weight bikes for the
NPV Problem
LiteBikes LtdLB is a company in Brisbane that has been selling lightweight bikes for the last years. In the Brisbane Council developed the "Transport Plan for Brisbane Strategic Directions" Transport Plan" in response to feedback from the community, industry, and other stakeholders. Under this plan, the city seeks to encourage emobility, which aims for efficient and lowenergy travel in the city. The city predicts that emobility, which includes ebikes and escooters, will be popular in the years to come.
To forge ahead in this emerging market, therefore, LB is now considering making a new product line electric scooters, an affordable EZScooter". This model is not only ecofriendly and lowenergy but can also allow travel up to on one charge a remarkable distance as compared to existing models in the market. It runs on a
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