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A Bibliometric Analysis of the Explainable Artificial Intelligence Research Field Read chapter Read first chapter

2018 | OriginalPaper | Chapter

Modified Methods of Capital Budgeting Under Uncertainties: An Approach Based on Fuzzy Numbers and Interval Arithmetic

Authors : Antonio Carlos de Souza Sampaio Filho, Marley M. B. R. Vellasco, Ricardo Tanscheit

Published in: Information Processing and Management of Uncertainty in Knowledge-Based Systems. Theory and Foundations

Publisher: Springer International Publishing

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Abstract

The fuzzy modified net present value (Fuzzy MNPV) method for evaluation of non-conventional investment projects under uncertainty explicitly provided for the use of the opportunity costs associated with the interim cash flows of an investment project and eliminated the major problems of traditional capital budgeting methods. Based on the same assumptions that guided the development of that method, the current paper presents a unified capital budgeting solution, consisting of the modified internal rate of return (Fuzzy MIRR), the modified profitability index (Fuzzy MPI), and the modified total payback (Fuzzy MTPB). These methods are MNPV-consistent, maximize shareholder wealth and always lead to the same conditions of acceptance or rejection of investment projects.

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previous chapter A 2D-Approach Towards the Detection of Distress Using Fuzzy K-Nearest Neighbor
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Metadata
Title
Modified Methods of Capital Budgeting Under Uncertainties: An Approach Based on Fuzzy Numbers and Interval Arithmetic
Authors
Antonio Carlos de Souza Sampaio Filho
Marley M. B. R. Vellasco
Ricardo Tanscheit
Copyright Year
2018
Book
Information Processing and Management of Uncertainty in Knowledge-Based Systems. Theory and Foundations

Print ISBN: 978-3-319-91472-5

Electronic ISBN: 978-3-319-91473-2

Copyright Year: 2018

DOI
https://doi.org/10.1007/978-3-319-91473-2_65

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