The Selection Process for Capital Projects

ISBN-13: 9780471634256 / Angielski / Twarda / 1993 / 720 str.

Hans J. Lang;Lang;Merino

Opis

Reviews basic techniques used to evaluate investments and make decisions about the acquisition of capital projects, in both industry and the private sector. The text then progresses to the construction of facilities, the installation and operation of machinery and control techniques.

Spis treści

Partial table of contents:

Capital Projects in the National Economy.

BASIC ENGINEERING ECONOMY.

Cash Flow Patterns.

Rates of Return.

The Three Worths.

The Internal Rate of Return.

Benefit–Cost Analysis.

THE SELECTION PROCESS: ECONOMIC ANALYSIS.

Ranking for Financial Exclusivity.

Retirements and Replacements.

Public Projects and Regulated Industries.

Criticisms of Economic Analysis.

THE SELECTION PROCESS: RISK ANALYSIS.

Sensitivity Analysis.

Probability: Part 2.

Uncertainty.

THE SELECTION PROCESS: MULTIATTRIBUTE ANALYSIS.

Multiattribute Analysis Techniques.

Multiattribute Analysis: AHP and Risk Preference.

Appendices.

Index.