One of the important investment techniques is present worth analysis (PWA) in engineering economics. Investment values are specified by humans and these values are based on human thoughts. It is quite hard to specify them in crisp values. In that manner, fuzzy logic could be the better ...
Net present value(NPV) also known as net present worth (NPW) is one way of analyzing the profitability of an investment. NPV is basically the value of specific stream of future cash flows presented in today’s dollar. NPV is an essential calculation in petroleum economics due toconsidering ti...
When you are evaluating projects by the present worth method, how do you know which one(s) to select if the projects are (a) independent and (b) mutually exclusive? Without understanding the opportunity cost of a decision, how do we know...
The use of the net present value method has increased over the ... SS Sjögren - 《International Journal of Production Economics》 被引量: 54发表: 2003年 Uncertainty and investment in precision agriculture - Is it worth the money? Irreversibility and uncertainty render the standard capital ...
(Post, Sarala, Gattrell and Prescott2020, p.354). Moreover, in addition to their substantiative theoretical contribution, integrative reviews typically facilitate the exchange of knowledge between academia and industry. Based on this reasoning, the present study has two research objectives. The first...
Bacterial infections are a major cause of chronic infections and mortality. Antibiotics have been the preferred treatment method for bacterial infections because of their cost-effectiveness and pow...
However, they pointed out that in the future, geothermal energy should be used to a larger extent to drive desalination processes because of the predictability and sustainability of energy generation using this method regardless of the time of day or year. At the same time, the authors pointed ...
This is virtually impossible, and instead we assume, with good reason, that ownership and control are closely correlated in the mining sector. When measuring ownership, and translating it to control, it is sometimes done mathematically in proportion to equity share. This method leads, however, to...
An approximation method is provided for calculating the present worth of cash flows for nonintegrable models. Two special limiting cases of particular use in engineering screening analyses are given for all six models. A practical example is presented for each of the cash flow models. These ...
The production output of a chemical manufacturing facility only rarely remains at rated capacity throughout the plant's lifetime. The production life cycle often may be approximated by a segment of the normal distribution curve. A method is developed for computing the present worth of normally ...