Update your Excel file. Use your team name in the Excel file name.

Place the necessary information above and run a calculation.

Show costs starting in year x through $8-$x$.$

Show sales starting in the year the product begins selling. When in the year will the product start selling?

Create a graph of sales, costs and profit for this new product.

Since you need to know where to place your product with respect to speed and accuracy, create a bubble graph. Show initial year, new product introduction year and $3$rd year after introduction. Show the fine cut circle, the rough cut circle, the ideal spot, and your product's position for each of the above years. The fine cut radius is $2\mathrm{.}5$ from the center of the circle. This means your customers will buy your product within this circle. The rough cut radius is $4$ from the center of the circle. This means your customers will very quickly avoid buying your product between the fine cut and the rough cut. They will only buy your product in this area if the other companies are not making enough "acceptable" products. Beyond the rough cut your customer will not look at your product.