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What is meant by the effective population size (Ne)?
Expansion Projects
Initiatives undertaken by a firm to increase its capacity or operations, often requiring significant capital investment.
Replacement Projects
Investments undertaken to replace old or obsolete assets with new ones, aiming to maintain or enhance efficiency, productivity, or the competitive position of a business.
Sunk Costs
Costs that have already been incurred and cannot be recovered, and thus should not factor into the decision-making process for future investments.
Internal Rate of Return (IRR)
A metric used in capital budgeting to estimate the profitability of potential investments, calculated as the discount rate that makes the net present value of all cash flows equal to zero.
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