An online patient diagnostics system for surgeons has the following point estimates: A first cost of $200,000 to install and $5000 annually to maintain over its expected life of 5 years. Added revenue is estimated to average $60,000 per year. Examine the sensitivity of present worth at a MARR of 10% per year to variation in selected parameter estimates, while others remain constant. Plot the results on a graph with % variation on the x-axis and PW of first cost, revenue, and life on the y-axis. Comment on the relative sensitivity of each parameter.
What will be an ideal response?
Spreadsheet and plot is for all three parameters: P, R and n. Variations in P and R have about the same effect on PW in opposite directions, and slightly more effect than variation in n.
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What will be an ideal response?
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Indicate whether the statement is true or false
Refer to the network in Fig. 13.117.