In order to check the robustness of the results in Table 6, a sensitivity
analysis is made with respect to some key parameters. Particularly,
prices and production capacity are expected to have a paramount effect
on the values of the NPV and IRR. The cost-benefit analysis in Table 6 is
made using both the lowest price and lowest production capacity and is,
per se, the pessimistic/conservative estimation of the gains that can be
realized from the production system in Denmark.
A break-even price would be an interesting measure because it is
one way of illustrating the robustness of the analysis, i.e., how far prices
can decrease keeping NPV positive. At a production capacity of 2000 co-
pepods/liter, the break-even price is approximately 1.07 euros per
10,000 copepod eggs, which is 30% lower than the prevailing lowest