Assume that the cost to replicate project T in 2 years will increase to $105,000
due to inflation. How should the analysis be handled now, and which project
should be chosen?
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Explanation:
a project is a series of tasks that need to be completed to reach a specific outcome. A project can also be defined as a set of inputs and outputs required to achieve a particular goal. Projects can range from simple to complex and can be managed by one person or a hundred.
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