Journal of Korean Society of Industrial and Systems Engineering (산업경영시스템학회지)

Society of Korea Industrial and System Engineering (한국산업경영시스템학회)
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A Study on Rate of Returns in Engineering Projects

실물투자분석에서 수익률분석법의 비교 연구

  • Kim, Jin-Wook (Department of Industrial and Systems Engineering, Changwon National University) ;
  • Lee, Choon-Shik (Department of Industrial and Systems Engineering, Changwon National University)
  • 김진욱 (창원대학교 산업시스템공학과) ;
  • 이춘식 (창원대학교 산업시스템공학과)
  • Published : 2008.09.30
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Abstract

The reinvestment assumption of the internal rate of return(IRR) method may not be valid in an engineering economy study. This situation, coupled with the computational demands and possible multiple interest rate associated with the IRR method, has given rise to other rate of return methods, such as the external rate of return(ERR) method, that can remedy some of these weaknesses. But ERRs are not used generally. We present another rate of return including all attributes of the minimum attractive rate of return(MARR).

Keywords

References

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