The manager of a carpet store is trying to determine the best installation crew size. He has tried various crew sizes with the results shown below. Based on productivity, what crew size do you recommend?
Definitions:
Worst Case Scenario
the most adverse condition or outcome that can reasonably be projected.
Base Case
The default scenario in scenario analysis, used as a benchmark to compare the outcomes of alternative assumptions or actions.
NPV
Net Present Value, a calculation used to assess the profitability of an investment by summing the present values of all expected future cash flows minus the initial investment cost.
Break-even Points
The level of production or sales at which total revenues equal total expenses, resulting in no net profit or loss.
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