Question: NPV Problem Lite - Bikes Ltd . ( LB ) is a company in Brisbane that has been selling light - weight bikes for the

NPV Problem
Lite-Bikes Ltd.(LB) is a company in Brisbane that has been selling light-weight bikes for the last 10 years. In 2018, 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 e-mobility, which aims for efficient and low-energy travel in the city. The city predicts that e-mobility, which includes e-bikes and e-scooters, 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 "EZ-Scooter". This model is not only eco-friendly and low-energy but can also allow travel up to 100km on one charge - a remarkable distance as compared to existing models in the market. It runs on a
 NPV Problem Lite-Bikes Ltd.(LB) is a company in Brisbane that has

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