Title :
Some new models for capital budgeting: realistic representations of financial decision making by firms
Author :
Craven, B.D. ; Islam, Sardar M N
Author_Institution :
Univ. of Melbourne, Melbourne, VIC, Australia
Abstract :
Traditional capital budgeting models are extended for realistic representations of financial decision making by firms in the conditions for common and interdependent projects, termination of projects when these are significant set up costs for new projects, conditions for sustainability of the business when some projects may collapse, and constraints on borrowing.
Keywords :
budgeting; costing; project management; borrowing; business sustainability; capital budgeting; financial decision making; interdependent projects; project termination; set up cost; transition cost; Costs; Decision making; Disaster management; Integer linear programming; Investments; Linear programming; Project management; Risk analysis; Stochastic processes; Uncertainty; Capital budgeting; borrowing; sustainability; transition costs;
Conference_Titel :
Industrial Engineering and Engineering Management, 2009. IEEM 2009. IEEE International Conference on
Conference_Location :
Hong Kong
Print_ISBN :
978-1-4244-4869-2
Electronic_ISBN :
978-1-4244-4870-8
DOI :
10.1109/IEEM.2009.5373331
