Abstract
“Let it be said, right at the outset, that there is no magic formula which guarantees making the right decision in each investment case. Moreover, the fact that the answer has been disseminated from a computer in reams of paper enhances the quality of the decision not one bit. Garbage in garbage out should be written large on the wall of any capital project decision maker's office. It is sad to think of the time that is often wasted running and re‐running programmes in order that the Return on Investment percentage, to two decimal places, can be moved to what is considered an acceptable level. All this effort at a time when the inputs to the system are in round thousands!”
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
