1. Describe and critique Target’s capital-budgeting system. Give specific consideration to the role of the real-estate managers and the makeup of the CEC.
2. Which of the Five CPRs (presented on Exhibit 7 in the data set) should Doug Scovanner accept? Be prepared to explain how each of the considerations that follow influenced your decision:
-NPV and IRR
-Size of the project
-Cannibalization of other stores’ sales
-Variance to prototype
(Just for clarification, the NPV and IRR are already given but if there are other calculations, based on the data or information given, you want to use to support your discussions, present those calculations.