A proposed project will require the use of ten machines in a company. Each machine has five alternative uses. What is the simplest way to evaluate the desirability of the project?
A) incremental analysis
B) cost-volume-profit analysis
C) opportunity cost approach
D) scarce resource approach
Answer: A) incremental analysis
When you are selecting between alternatives, the cost implications and future benefits of each project is compared. Usually, all relevant cost are considered. This method is