Title
Abandonment value in capital budgeting: a mathematical programming approach
Abstract
While some general algorithms for evaluating interrelated capital projects with abandonment values are illustrated in a separate study, this paper shows how an integer program may be used to resolve the project interaction problem when including abandonment value in capital budgeting. In addition, by employing the mathematical programming framework, the optimal capital budgeting decision is obtained for all the projects under consideration. Thus, the technique provided here gives an efficient and general algorithm for capital budgeting decisions.
Year
DOI
Venue
1986
10.1016/0305-0548(86)90078-X
Computers & OR
Keywords
DocType
Volume
abandonment value,mathematical programming approach,capital budgeting
Journal
13
Issue
ISSN
Citations 
6
Computers and Operations Research
0
PageRank 
References 
Authors
0.34
1
3
Name
Order
Citations
PageRank
Venkat Srinivasan1205.79
Yong H Kim220.73
A Frank Thompson300.34