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The sources S1 and S2 are coherent sources, and the circular arcs represent wave crests. The position that corresponds to a path difference of two wavelengths is
NPV
Net Present Value; a financial metric used to evaluate the profitability of an investment, calculated by subtracting the present value of cash outflows from the present value of cash inflows over a period of time.
IRR
Stands for Internal Rate of Return, a financial metric used to evaluate the profitability of potential investments.
Capital Budgeting
The process of evaluating and selecting long-term investments that are consistent with the firm's goal of maximizing owner wealth.
Incremental
Pertaining to a small or marginal change, often in cost or quantity, that results from a variation in operations or production level.
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