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About Chapter 3
The document provides an overview of project selection models and criteria. It discusses both numeric and non-numeric models, including net present value, internal rate of return, payback period, and weighted scoring models. The criteria for choosing a project selection model include realism, capability, flexibility, ease of use, and cost. Weighted scoring models are favored as they allow multiple objectives to be reflected and are easily adapted to changes. Decision rules for profitability models like net present value, internal rate of return, benefit-cost ratio, and payback period are outlined. Payback period and accounting rate of return are then explained in more detail.
Detailed Information
| Author: | ['Md Salah Uddin'] |
|---|---|
| Publication Year: | 2021 |
| Pages: | 9 |
| Language: | English |
| Format: | |
| Price: | FREE |
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