자본제약조건하에서의 투자시기결정에 관한 연구

A Study on investments under capital budgeting

The Ministry of the Energy and Resources is planning to invest a great deal of public funds in the energy conservation measures in order to conserve the energy. This study aims at applying the project scheduling model, especially to the energy conservation measures. In the study, we develop the project scheduling model, which is based on the modified Rorie-Savage problem. And the model is applied to the X-enterprise, which is one of the leading metal industry in the nation. The result shows that the model enables the top management to choose the set of projects which promises the largest profit among the entire projects. It appears that the proposed policy of the study is more profitable than the existing policy which is namely based on the qualitative consideration.