| Learning Objectives (See related pages)
Capital rationing Explain the logic used to ration capital among independent
projects. |
| | | Projects with equal lives Use PW analysis to select from several equal-life
independent projects. |
| | | Projects with unequal lives Use PW analysis to select from several unequal-life
independent projects. |
| | | Linear program model Solve the capital budgeting problem using linear
programming by hand and by computer. |
|