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Help
If you have any questions, you are always welcome to contact us. We'll get back to you as soon as possible, withing 24 hours on weekdays.
Customer service
All questions about your order, return and delivery must be sent to our customer service team by e-mail at yourstore@yourdomain.com
Sale & Press
If you are interested in selling our products, need more information about our brand or wish to make a collaboration, please contact us at press@yourdomain.com
The appraisal or the feasibility of a venture or an investment relies on the estimation of the analysis parameters, which usually occur in the future. All such estimates have an element of uncertainty which needs to be acknowledged. Traditional methods of engineering economic or discounted cash flow analysis, for example, net present value, benefit/cost ratio, internal rate of return and payback period, do not take into account the uncertainty associated with the analysis parameters. To this end, the present book proposes a number of evaluation methodologies in order to deal with the inherent uncertainty, namely, secondorder moment and Markov chains. A venture's feasibility is defined in this book as the probability of the total benefit exceeding the total cost, the probability of the internal rate of return being greater than a specified interest rate, or the probability of the payback period being less than a specified time period. The book will be found useful by those engaged in risk management and decisions associated with investments having uncertain outcomes.
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This product may contain chemicals known to the State of California to cause cancer,
birth defects, or other reproductive harm.
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⚠️ California Proposition 65 Warning: Some products sold on this website may expose you to chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm. For more information, visit www.P65Warnings.ca.gov.
