In traditional study of supply chain management, people mainly consider the decisions from perspective of the operations management, such as, capacity, inventory, ordering level, pricing, etc., and often ignore to consider the impact of financial flow within the supply chain. However, the key function of supply chain management is concerned with the coordination of material flows, information f...

The benefit/cost (B/C) ratio method is utilized in many government and public work projects to determine if the expected benefits provide an acceptable return on the estimated investment and costs. Many authors have studied probabilistic cash flows in recent years. They introduced some analytical methods which determine the probability distribution function of the net present value and internal...

Risk analysis involves the development of the probability distribution for the measure of effectiveness. The risk associated with an investment alternative is generally either given as the possibility of an unfavorable value of the measure of effectiveness or measured by the variance of the measure of effectiveness. In an uncertain economic decision environment, an expert’s knowledge about disc...

Casella for invaluable guidance during my program. I would also like to thank Professors Peter Wilson, Vic Bernard and Tom Stober for their willingness to answer questions and offer advice. Financial support from the Arthur Andersen Foundation, the Social Sciences and Humanities Research Council of Canada, and the UW/SSHRC grant program during various stages of this work was greatly appreciated...

The objective of the research was to develop a projected cash flow model by activity, situation that is not shown in traditional flows. article uses deterministic based on liquidity position at date which financial statement formulated, according total flow, is, net change cash, will be realized balance Statement Cash Flows, Operating Flows and Investment may present, although they are infreque...

The cash flows of technology-based companies show high degrees of uncertainty. As traditional valuation methods can hardly capture these characteristics, they are insufficient for valuing these kinds of companies. On the contrary, real options theory can quantify the value associated with management flexibility, growth opportunities, and synergies. This chapter assesses the corporate value of a...