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You developed a small device for grain producers. The loT (Internet of Things) can monitor the moisture level in harvested grains and alert farmers for overheated grains. Each device can be sold for $100, while it cost you $50 to make. You estimated that you can sell a decent number of devices in the next five years with some direct visits and marketing. The estimated cash flows are as the following. It is estimated that you will need about $50,000 to start manufacturing and get ready for sales. You decide to conduct an economic analysis, and find out: 1) if you should take on the project if the MARR is 20%. [1 point] 2) Analysis how the following factors will change the decision of whether you accept the project: - Initial investment - $50,000 - Unit Price - $100 - Unit Cost - \$50 Each factor will change between 25% to 25%. [2 points] 3) Explain which factor has the most impact on project's profitability [1 point] 4) Plan for the worst-case scenario from Step 2 and determine if a project should still be accepted? [1 point] Bonus Mark [1 point] Determine the breakeven unit price and unit cost. In your submission, please include a 2-page maximum memo explaining your assumptions, criteria for analysis, and the model used for analysis. You should also explain your conclusion to each question. You should include the sensitivity graph in the memo. Include any calculations in the appendix. If you use excel, make sure you label the steps besides the calculation cell and color code input, calculation and result cells. You developed a small device for grain producers. The loT (Internet of Things) can monitor the moisture level in harvested grains and alert farmers for overheated grains. Each device can be sold for $100, while it cost you $50 to make. You estimated that you can sell a decent number of devices in the next five years with some direct visits and marketing. The estimated cash flows are as the following. It is estimated that you will need about $50,000 to start manufacturing and get ready for sales. You decide to conduct an economic analysis, and find out: 1) if you should take on the project if the MARR is 20%. [1 point] 2) Analysis how the following factors will change the decision of whether you accept the project: - Initial investment - $50,000 - Unit Price - $100 - Unit Cost - \$50 Each factor will change between 25% to 25%. [2 points] 3) Explain which factor has the most impact on project's profitability [1 point] 4) Plan for the worst-case scenario from Step 2 and determine if a project should still be accepted? [1 point] Bonus Mark [1 point] Determine the breakeven unit price and unit cost. In your submission, please include a 2-page maximum memo explaining your assumptions, criteria for analysis, and the model used for analysis. You should also explain your conclusion to each question. You should include the sensitivity graph in the memo. Include any calculations in the appendix. If you use excel, make sure you label the steps besides the calculation cell and color code input, calculation and result cells

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