Problem
Western Day Care: The Emery Street Expansion
a) Build a spreadsheet model to assess the feasibility of the gymnasium renovation and calculate payback period and Return on Investment
b) What are the decision variables?
c) Would you go ahead with the renovation?
d) How might the model be built?
e) What sensitiveness are important in assessing this renovation?
f) What age category should be assigned to the new classroom?
g) Make an overall recommendation.