Net Present Value (NPV), Internal Rate of Return (IRR) and Payback Period are some of the most common metrics used in the calculations of quantified benefits and costs when justifying projects via business cases.
Here I take a quick look at each one and the pro's of con's of using these metrics.
– 10/13/12 – Please note: There is now a Facebook Group for Flying While Fat. – 8/20/13 – Updated to add review of Monarch model Boeing 757-200 (757).
– 8/2/13 – Updated to add reviews of United models 767-300 (International), 737-900 (Domestic), A-319 (Domestic), 777-200 (International) – 8/26/12 – Please note, the FAA has banned Personal Seatbelt Extenders. – 4/29/12 – added experience with United (formerly Continental) Boeing 777-200ER Flat Bed Useful Statistics: I can clearly only speak for fatties of my similar shape/size or smaller – so as to aid you in knowing in advance if this blog post has any relevance to your life, here is my general body situation. I am not one for form-fitting clothing so, if you are, size that down a notch.
If the NPV of a project is positive, it should be accepted.
However, if NPV is negative, the project should probably be rejected because cash flows will also be negative.
The business rule that is applied with this analysis is to accept all projects or investments where the NPV of cash flows is greater than zero - so we're looking for positive NPVs.
NPV compares the value of a dollar today to the value of that same dollar in the future, taking inflation and returns into account.
Again, the narrower hips aid me a bit in fitting in to plane seats, though the larger upper body means contorting a bit to avoid constantly being banged on the arm by toilet-bound passengers and drink carts.
– 9/14/14 – Added info on Aegean Airlines flight from London to Lesvos, Greece.
– 10/28/13 – Please take the Flying While Fat Survey!
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