Explore how mathematical programming reshapes capital budgeting, with clear methods you can apply.
This book presents a practical look at using linear and integer programming to tackle real investment decisions. It blends theory with step-by-step modeling to show how optimization informs budgeting in business.
The chapters uncover the Lorie–Savage approach and its extensions, explain the role of dual variables, and examine how discretization affects project selection. You’ll see how to formulate capital budgeting problems, solve them with programming techniques, and interpret the results for decentralization and organizational use."synopsis" may belong to another edition of this title.