互斥项目的排序问管理题 共同年限法、等额年金法(国外英语资料).docVIP

互斥项目的排序问管理题 共同年限法、等额年金法(国外英语资料) The sorting problem for mutually exclusive items (I) common age law The principle of the common age method is: assume that an investment project can be reset at the time of termination, by resetting the two items to the same number of years, and then comparing their net present values. The method is also known as the reset value chain approach. (two) equal annuity law The equal annuity method is another method for comparing items of different years. It is simpler than the common age method. The calculation steps are as follows: 1, calculate the net present value of two items; 2. Equal annual value for calculating net present value; 3, assuming that the project can be indefinitely reset, and every time in the end of the project, equal annuity capitalization is the net present value of the project. In the cost of capital is the same, for years of gold projects sustainable net present value must, according to the uniform annuity size can directly determine the merits of the project. There are differences between the two methods mentioned above. The common years method is more intuitive and easy to understand, but it is difficult to predict the cash flow. The application of the equivalent annuity method is simple but not easy to understand. Two methods of common faults: (1) some technical progress can be expected soon, the upgrade is inevitable, can not be copied, (2) if inflation is serious, must consider the replacement cost rise, this is a very challenging task, this two methods are not considered; (3) in the long term, competition will make a net profit decline, or even be eliminated, this analysis does not consider. Marketing (Marketing) What is marketing? Marketing (Taiwan: Marketing) is a discipline on how firms discover, create, and deliver value to meet the needs of a target market and achieve profits at the same time. Marketing is used to identify the needs that are not met, define and measure the size and profit potential of t