Exam2_2006

Exam2_2006 - Explain. [2] Give two reasons for tracking an...

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Exam 2 Name___________________ IE 226 J. Hartman April 13, 2006 Spring 2006 INSTRUCTIONS: Answer all of the following questions on the following eight pages. Show all of your work (unless you do not want credit). Point values are adjacent to the problem number. [2] What is the purpose of a utility function when evaluating mutually exclusive options with multi-criteria? [2] Is the project balance a measure of worth?
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Unformatted text preview: Explain. [2] Give two reasons for tracking an investment project after it is accepted and under way. [2] When evaluating multiple mutually exclusive projects with multi-criteria, what does it mean to have a project be dominated by another project or projects? [2] Is the payback period with interest a measure of worth? Explain....
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