When specifying a new R&D project, you have the choice to allocate a budget to it or to order a feasibility study. A feasibility study costs $100,000 and takes one period to complete. The information is provided in the next period within the R&D section of the company results; it includes the minimum base cost at which the product can realistically be manufactured, and the budget required to guarantee its completion at the currently requested base cost. The main advantages of feasibility studies are the low cost and the accuracy of the information provided. Their main drawback is the time it takes to get this information: a full period.