Solar Simulation
Per the parameters given for this assignment, the author of this report ran the solar power economic simulation twice and tweaked the results along the way. The author of this report will describe the adjustments and changes that were made along the way and will also analyze the results that were offered by the website at the conclusion of each simulation. Inclusive of the analysis and work done for this assignment will include a discussion and analysis of key metrics that resulted from each decision, an analysis of key data that would demonstrate the differences between each data run, a common on the more aggressive pricing used by competitors, whether said aggressive pricing would have helped the author's company in the simulation and so forth. Finally, there will be a recitation of the recommendations the author of this report would make regarding this simulation and how to remain competitive in general.
Simulation One
The above are the results from the first simulation. As one can see, the author's company very much stayed with the pack when it came to revenue per year and was only slightly distinguished from the others when it came to net income per year. Indeed, the author initially kept in line with the other solar companies as the price was the precise same as the competitor and so was the investment in new capacity. Results were positive with that approach and that was indeed the tactic for the few years. However, the author then dropped the unit price of electricity down by one cent and also upped the investment in new capacity and this caused the profit, as a matter of percentage, to soar quite high. After...
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