Economic analysis taking into account all relevant factors (capex, opex, operational constraints, loss of cargo space etc.) show LNG to be a very attractive solution when compared to other compliance solutions, although the breakeven time
will depend on several parameters such as the age of the vessel, the cost differential between LNG and traditional fuels, and the time spent in Emissions Control Areas (geographic areas with stricter emission standards under the MARPOL treaty).
The breakeven time
for insurance firms is around 16 years on average.
The report also covers a section on business models that incorporates a revenue model for selected key players and franchisee model portraying the requirements and its role and responsibility of taking up a courier franchisee with the estimated breakeven time
period and the expected return on investment.
The company with its continued focus on cost containment allows the board to believe that the loss of the BETC after appeal will not materially impact the present estimates of its losses in 2009 or 2010, nor does it change the expected sustainable cash breakeven time
And this high CEO involvement correlates strongly and significantly at the global level, with the strongest correlates found among the North American firms, with key corporate competitive measures such as technology leadership and decreased breakeven time (both measures to be defined later).
Also related to these parameters, but of course quite different, are the "Changes in Breakeven Time" that have occurred over the past five years (Figure 23).
We examined the correlates of decreases in breakeven time and found several with statistically significant indicators.
Again, those concerned with data consistency in the study will be pleased to know that for the entire sample there are strong correlations among the responses in regard to decreased breakeven time, improved time to market, perceived R&D timeliness, meeting target dates for product/service commercialization, and meeting target dates for process implementation (albeit each of these is a separately measured concept).
On the other hand, metrics that tie projects to profitability such as "time to profit" or "breakeven time
" were not used by most companies.
Less formally, D is unsure of how much it will take to satisfy R's minimal demands, that is, where r's breakeven time, [Mathematical Expression Omitted], is located.
To see why faster transitions shift the distribution of breakeven times to the right, recall that r is just indifferent between fighting and settling peacefully at its breakeven time, which is now given by [Mathematical Expression Omitted].
Since each r stops at the first [f.sub.k] at which its minimal demands are satisfied, D believes that if it continues to [f.sub.k + 1], it will only be facing those r whose breakeven times are later than [f.sub.k].