strategic management role at Best Bean, Inc.

You are working in a strategic management role at Best Bean, Inc., a chain of coffee shops. Your
team is considering expanding in 2019 by building one or more new retail outlets in the Detroit
area. Five locations (A, B, C, D, and E) are being considered. Locations A, B, and C are ten year
investments, with income projections shown in the “Location Data” tab. Locations D and E are
eight year investments. Locations D and E are also very near each other, and so should be
considered mutually exclusive (that is, Best Bean might invest in one or the other, but not both).