Construct a worst case scenario

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A new gear assembly project has these estimates: price = $1,900 per unit; variable costs = $240 per unit; fixed costs = $4.8 million; quantity produced = 95,000 units. These estimates, however, are only accurate to +/- 15%.

a. Construct a best case scenario

b. Construct a worst case scenario

 

Reference no: EM13292754

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