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Making decisions using irr and payback analysis how to

Quick short answers. briefly explain reasoning.

1. Making decisions using IRR and payback analysis.

2. How to evaluate multiple alternatives with multiple futures?

3. What are cash flow diagrams?

4. What is break even analysis? How to make decisions using break even analysis?

5. What are control charts? What are the different types? Which type of chart to use (depending on the characteristics)?

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