August 2004
Intermediate to advanced
656 pages
15h 28m
English
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Summary
This chapter showed how to take a set of mutually exclusive alternatives, as developed in the previous chapter, and find the best one to carry out in a for-profit organization. The systematic selection process described here uses the same algorithm as a software routine that finds the maximum in a collection of numbers: Successive comparisons against the current best are done on a pair-wise basis.
Comparing alternatives on their differential cash-flow stream is preferred because it works with all bases of comparison. If you are using IRR as the basis for comparison, you must do the comparison on the differential cash-flow stream. Comparing alternatives on their total cash-flow streams works in many cases but is not preferred because it ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.