Class Definition Ch 04-3

question 39

Essay

Class Definition Ch 04-3
Consider a class called Building. This class consists of a number of floors (numberOfFloors) for the building, a current floor for the elevator (current), a requested floor of a person waiting for the elevator (requestedFloor), and methods for constructing the building object, for moving the elevator one floor up, for moving the elevator one floor down, for requesting the elevator and for starting the elevator going. Assume that requestedFloor will be set to 0 if there are currently no requests being made (or the last request has already been fulfilled).
-Refer to Class Definition Ch 04-3: Write the constructor for this class.

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Definitions:

Cash Break-even

The point at which a business's cash expenses equal its cash revenues, resulting in no net cash flow.

Accounting Break-even

The point at which total revenues equal total expenses, indicating no profit or loss from operations.

Financial Break-even

The point at which total revenues equal total costs and expenses, leaving no net profit or loss from a financial perspective.

IRR

Internal Rate of Return; a financial metric used in capital budgeting to estimate the profitability of potential investments.