Skip to main content

2021 | OriginalPaper | Buchkapitel

4. Selection of Alternatives and Investment Programme Planning

verfasst von : Kay Poggensee, Jannis Poggensee

Erschienen in: Investment Valuation and Appraisal

Verlag: Springer International Publishing

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config
loading …

Abstract

In this chapter, you learn how to select the appropriate investment programme from several worthwhile investment projects. The aim of this section is, therefore, to present the techniques for alternative selection of investments and investment programme planning, and to make you familiar with them. As a result of this section, you
  • Have identified the problem of selecting alternatives among several worthwhile investment projects using the techniques of dynamic investment calculation.
  • Know the reasons for the lack of the possibility to select alternatives among several worthwhile investment projects using the techniques of dynamic investment calculation.
  • Know the techniques of removing the reinvestment premise and fictitious investment to select alternatives among several worthwhile investment projects.
  • Are able to use the techniques of removing the reinvestment premise and fictitious investment to select alternatives among several worthwhile investment projects.
  • Know the problem of the ambiguity of the internal rate of return method and you are able to resolve it.
  • Know and you are able to apply the utility value analysis as a technique for considering multidimensional target functions in investment decisions.
  • Know and you are able to apply the technique of account development planning as a technique for taking liquidity into account when making investment decisions.
  • Know the Dean Model and you are able to apply it to problems of operational investment practice.
  • Understand and evaluate differences in account development planning techniques and the Dean Model.
  • Know and you are able to apply linear optimisation as a technique for considering multidimensional objective functions and liquidity in investment decisions.
  • Are able to interpret the results of programme planning with linear optimisation.
In order to achieve these goals, it is necessary to follow the offered exercise calculations independently with the pocket calculator or spreadsheet.
Enjoy your work!

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Anhänge
Nur mit Berechtigung zugänglich
Fußnoten
1
This data set goes back to an example by C. A. Wright and has been repeatedly referred to in standard literature.
 
Literatur
Zurück zum Zitat Däumler, K. D., & Grabe, J. (2007). Grundlagen der Investitions- und Wirtschaftlichkeitsrechnung (12. Aufl.). Herne/Berlin: nwb Verlag Neue WirtschaftsBriefe. Däumler, K. D., & Grabe, J. (2007). Grundlagen der Investitions- und Wirtschaftlichkeitsrechnung (12. Aufl.). Herne/Berlin: nwb Verlag Neue WirtschaftsBriefe.
Zurück zum Zitat Dean, J. (1978). Capital budgeting. New York: Columbia University Press. Dean, J. (1978). Capital budgeting. New York: Columbia University Press.
Zurück zum Zitat Rappaport, A. (2005). Shareholder value (2. Aufl.). Stuttgart: Verlag Schäffer Poeschel. Rappaport, A. (2005). Shareholder value (2. Aufl.). Stuttgart: Verlag Schäffer Poeschel.
Zurück zum Zitat Sharpe, W. F. (1964). Capital asset prices. A theory of market equilibrium under conditions of risk. Journal of Finance, 19, 425–442. Sharpe, W. F. (1964). Capital asset prices. A theory of market equilibrium under conditions of risk. Journal of Finance, 19, 425–442.
Zurück zum Zitat Wright, C. A. (1936). A note on “Time and investment”. Economica, New Series, 3, 436–340.CrossRef Wright, C. A. (1936). A note on “Time and investment”. Economica, New Series, 3, 436–340.CrossRef
Metadaten
Titel
Selection of Alternatives and Investment Programme Planning
verfasst von
Kay Poggensee
Jannis Poggensee
Copyright-Jahr
2021
DOI
https://doi.org/10.1007/978-3-030-62440-8_4