COMPARISON OF RETURN EVALUATION TECHNIQUES |
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Authors: | A. W. WORTHAM R. J. McNICHOLS |
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Affiliation: | 1. Department of Industrial Engineering , Texas A&2. M University , College Station, Texas, 77843, U.S.A. |
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Abstract: | The purpose of this paper has been to present and exemplify a new and alternate method of return assessment. The method does have computational and mathematical advantage. It is also believed to have analytic advantage in that it is less susceptible to manipulation by base selection and more closely associated with performance measures which are relatively well defined. |
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