Engineering Economist articles from June 1995

Engineering Economist archives from June 1995

Capital rationing in the public sector using the analytic hierarchy process.
June 22, 1995... INTRODUCTION The purpose of this study is to solve the capital rationing problem of the Istanbul Water and Sewerage Administration (IWSA) by employing an integration between the Analytical Hierarchy Process (AMP) and a mixed integer...

Developing a business performance evaluation system: an analytical hierarchical model.
June 22, 1995... INTRODUCTION Developing a comprehensive performance measurement system has frustrated many managers [9]. The traditional performance measures enterprises have used may not fit well with the new business environment and current...

Benefit/cost analysis using fuzzy concept.
June 22, 1995... INTRODUCTION Benefit/cost analysis is a very useful technique in evaluating investment alternatives. In conventional benefit/cost analysis, both benefits and costs are expressed in crisp values Au and Au [1], Tarquin and Blank [2],...

Evaluating investment in inventory policy under a net present value framework.
June 22, 1995... INTRODUCTION From the standpoint of inventory analysis, it is clear that the traditional inventory model can be improved by formulating it within the NPV (Net Present Value) framework that is based on a discounted cash flow approach....

A note on the optimal cycle length with a random planning horizon.
June 22, 1995... INTRODUCTION The timing of cash flows from an asset has a lot to do with the desirability of the investment. Investment alternatives that produce the same total returns, but with differing times, are not usually equally attractive, due...

Principles of Inventory and Materials Management.
June 22, 1995... Fourth Edition, Prentice-Hall PTR, Upper Saddle River, NJ, 1994, xvi + 591 pp., ISBN 0-13-457888-0. List: $63.00. This book presents a detailed description of a variety of inventory problems. Although the title of the book includes materials...

Decision Making and Forecasting with Emphasis on Model Building and Policy Analysis.
June 22, 1995... McGraw-Hill, Inc., New York, 1995, xviii + 407 pp. ISBN 0-07-048027-3. List: $69.78. This is an important and scholarly new book by two distinguished, veteran contributors to the applied management science literature. It should be read by...

Investment Under Uncertainty.
June 22, 1995... Princeton University Press, Princeton, New Jersey, 1994, xiv + 468 pp. ISBN 0-691-03410-9. List: $39.50. This new book is a major contribution to the theory of capital investment planning and will surely play a seminal role in generating a...