The manger of a dairy farm in Tennessee has begun renting goats for landscape betterment (see Goats: The Green Alternative (A)). The company proved successful so he contemplated enlarging the operation (see Goats: The Green Alternative (B)). Now, he consults with a statistician to understand just how to incorporate uncertainty into the decision about expanding.
The case features three forms of doubt into a spreadsheet evaluation of the growth selection and then uses Monte Carlo analysis to produce a wide range of outcomes from the capital budgeting process. Writers are affiliated with Rollins College.
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
PUBLICATION DATE: April 17, 2015 PRODUCT #: W15123-HCB-ENG
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