The following assignment deals with the construction of a 500 MW offshore wind farm. Following the decision to construct the wind farm, it will take 4 years for the design, construction, purchase, production and construction of the turbines until they can go into operation. The time when the turbines begin operation is referred to as time 0, and the costs for the previous 4 years have been:
year -4: 200 million DKK
year -3: 500 million DKK
year -2: 1,500 million DKK
year -1: 2,000 million DKK
After year 20, it is expected to no longer be profitable to operate the turbines, therefore they must
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