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Monitoring Projects Using Cash Flow Control Charts

 

作者: HEMANTHAS. B. HERATH,   CHANS. PARK,   GEORGEC. PRUEITT,  

 

期刊: The Engineering Economist  (Taylor Available online 1995)
卷期: Volume 41, issue 1  

页码: 27-52

 

ISSN:0013-791X

 

年代: 1995

 

DOI:10.1080/00137919508967473

 

出版商: Taylor & Francis Group

 

数据来源: Taylor

 

摘要:

Post Completion Audits (PCA). an important area in capital budgeting have not received much attention in the past. In a competitive environment, however, PCA plays an important role. Uncertain initial forecasts and current estimates can be revised using post audit information under a Bayesian approach at virtually no additional cost, thus enhancing future decisions. Prueitt and Park [2]. developed the Cash Flow Control Chart (CFCC) model for a special class of investment problems with multiple identical units with uncertain cash flows, typically found in Advanced Manufacturing Systems (AMS) and fleet replacement. This paper provides meaningful interpretations to modified Cash Row Control Chart (M-CFCC) patterns.

 

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