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Payback as an investment criterion for sawmill improvement projects
Author(s) -
George B. Harpole
Publication year - 1983
Language(s) - English
Resource type - Reports
DOI - 10.2737/fpl-gtr-34
Subject(s) - attractiveness , investment (military) , rank (graph theory) , payback period , value (mathematics) , net present value , environmental economics , economics , econometrics , operations management , microeconomics , mathematics , statistics , production (economics) , political science , psychology , combinatorics , politics , psychoanalysis , law
: Methods other than presented here should be used to assess projects for likely return on investment; but, payback is simple to calculate and can be used for calculations that will indicate the relative attractiveness of alternative improvements projects. This paper illustrates how payback ratios are calculated, how they can be used to rank alternative improvement projects, and how to calculate the benefit value ot improvement projects. (Author)

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