PAPER 1

Paper 1

Paper 1

Introduction

A business case is a proposal for an investment initiative to satisfy business and functional requirements. The business case provides the foundation for tactical decision making and technology risk management. It helps to clarify how the organization will use its resources in the best way by providing justification for investment of resources. This paper describes how simulation was used for business case benefits and return on investment for three products. With revenue volume this year of about 774,307,366 dollars and annual operating costs of about 605,756,975, we needed to determine if unit price, unit cost, average revenue per ...