CASE STUDY: USING SIMULATION AND THREE-ESTIMATE SENSITIVITY ANALYSIS
 FIGURE 1.png)
 figure 2.png)
 figure 3.png)
USING SIMULATION AND THREE-ESTIMATE SENSITIVITY ANALYSIS
This simulation is left to the learner. The 7-step procedure from Section 19.5 can be applied here. Set up the RNG for the cash flow values of AOC, S, and n for each alternative. For each sample cash flow series, calculate the AW value for each alternative. To obtain a final answer of which alternative is the best, it is recommended that the number of positive and negative AW values be counted as they are generated. Then the alternative with the most positive AW values indicates which one to accept. Of course, due to the RNG generation of AOC, S and n values, this decision may vary from one simulation run to the next.
You might also like to view...
Most horses should have a body condition score between 6 and 8.
Answer the following statement true (T) or false (F)
The project ____________________ must assess the project for potential fire hazards and scrutinize areas and activities that can cause fires to reduce property damage and possible burn injuries to workers.
Fill in the blank(s) with the appropriate word(s).
With the mechanical-leaf irrigation system, the _____ of the water on the leaf controls the timing of the watering
A) sound B) color C) temperature D) weight
The NEC® requires a clearance of at least __________ feet above final grade for service conductors where they are connected to the building, above sidewalks and other areas accessible to pedestrians.
a. 18 b. 12 c. 10 d. 8