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Group versus Staggered Replacement Policy-Strategic Replacement Decisons
Replacement decisions are critical in most businesses, because assets are subject to deterioration or obsolescence with usage and time. In addition, technological improvement affects the replacement cycle of assets. In our ...
Using Real Options Analytics to Improve the Capital Budgeting Process under Uncertainty
Capital allocation processes are complex and time consuming in large organizations because of the diverse choices from projects proposed by various departments within the organization. Invariably these projects reveal ...