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edits
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mLine 334:
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→Annual Frequency
[[File:Image1111112221.png|center|thumb|900x900px|Freq = 1/3, Existing Stakeholders = 100, Stakeholder Growth Rate = 1%|alt=]]
[[File:Image1111112221.png|center|thumb|900x900px|Freq = 1/3, Existing Stakeholders = 100, Stakeholder Growth Rate = 1%|alt=]]
Note that with positive stakeholder growth and a frequency less than 1, there are no years with $0 impacts. In the 'off-years' there are still costs because new entrants are entering the market and incurring costs for the first time, after which they are then on their own unique track to incur costs every 'n' years for frequency = 1/n. In some years multiple cohorts will incur costs at the same time. For example, if the frequency = 1/3 and the activity starts immediately, then the existing stakeholders will incur the cost at the end of Year 1 along with the new entrants from Year 1. This is the 'first cohort' incurring the cost. The new entrants in year 2 will be the only ones incurring the cost in Year 2, and the new entrants in Year 3 will be the only ones incurring the cost in Year 3. In year 4, the first cohort incurs the cost again (since 3 years have elapsed since the last time they incurred the cost), and they will do so along with the new entrants in Year 4. In year 5 the new entrants from year 2 along with the new entrants from year 5 will incur the cost. Skipping ahead to Year 10, the following cohorts will incur costs at the same time: 1, 4, 7, 10.
Note that with positive stakeholder growth and a frequency less than 1, there are no years with $0 impacts. In the 'off-years' there are still costs because new entrants are entering the market and incurring costs for the first time, after which they are then on their own unique track to incur costs every 'n' years for frequency = 1/n. In some years multiple cohorts will incur costs at the same time. For example, if the frequency = 1/3 and the activity starts immediately, then the existing stakeholders will incur the cost at the end of Year 1 along with the new entrants from Year 1. This is the 'first cohort' incurring the cost. The new entrants in year 2 will be the only ones incurring the cost in Year 2, and the new entrants in Year 3 will be the only ones incurring the cost in Year 3. In year 4, the first cohort incurs the cost again (since 3 years have elapsed since the last time they incurred the cost), and they will do so along with the new entrants in Year 4. In year 5 the new entrants from year 2 along with the new entrants from year 5 will incur the cost. Skipping ahead to Year 10, the following cohorts will incur costs at the same time: 1, 4, 7, 10.
The lowest frequency that should be entered is 1 divided by the total length of the analytical period (e.g., 1/10 for a 10-year analytical period). Any frequency lower than this will be equivalent to a frequency of 1 divided by the length of the analytical period, since the first cohort will not incur the cost a second time within the analytical period, and in all years after year 1, the same new entrants will incur the cost.
<big>'''TO BE CONTINUED . . .'''</big>
<big>'''TO BE CONTINUED . . .'''</big>