Quote:
Originally Posted by TX_370
La la la class is boring
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Get back to:
Gross and Incremental Approach
* Two equivalent approaches for evaluating decision option
o Incremental or differential approach: Using one option as benchmark, add incremental costs and benefits to determine incremental value
o Totals or Gross approach: Add costs and benefits for every option to determine total value.
Edit: Slide 6 for those who do not know.
