The use of Probability-Multipliers in Replacement Analysis
作者:
Bruce M. Barber,
期刊:
The Engineering Economist
(Taylor Available online 1959)
卷期:
Volume 4,
issue 2
页码: 17-34
ISSN:0013-791X
年代: 1959
DOI:10.1080/001379X5808546910
出版商: Taylor & Francis Group
数据来源: Taylor
摘要:
Engineering economy analyses are often made for both the most and least favorable combinations of forecasted future conditions. This procedure has two major weaknesses. First, the two solutions usually indicate that contradictory courses of action should be followed. When this occurs, the engineeringeconomic study has failed to provide the management of a business with a quantitative aid and mathematical method for evaluating data and arriving at sound decisions. Second, that method of analysis is unrealistic because it emphasizes the extreme possibilities rather than some intermediate situation which is more likely to occur.
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