NET PRESENT VALUE SIMULATING WITH A SPREADSHEET
Journal Title: Journal of Defense Resources Management - Year 2010, Vol 1, Issue 1
Abstract
[i]Decision making has always been a difficult process, based on various combinations if objectivity (when scientific tools were used) and subjectivity (considering that decisions are finally made by people, with their strengths and weaknesses). The IT revolution has also reached the areas of management and decision making, helping managers make better and more informed decisions by providing them with a variety of tools, from the personal computers to the specialized software. Most simulations are performed in a spreadsheet, because the number of calculations required soon overwhelms human capability.[/i]
Authors and Affiliations
Maria CONSTANTINESCU
Keywords
Related Articles
- EP ID EP113899
- DOI -
- Views 130
- Downloads 0
REVIEW OF MODELS AND ANALYTIC INSTRUMENTS IN OPERATIONAL MILITARY DECISION MAKING PROCESS
[i]In the era of IT, the high level military decision making process (MDMP) made a lot of progress. The focus is on building a framework capable to offer an effective tool for decisions in the field of force planning and...
THE DEFENSE PLANNING SYSTEMS AND THEIR IMPLICATIONS
[i]Defense planning in the Alliance is a fundamental element of the arrangements which enable its member countries to enjoy the crucial political, military and resource advantages of collective defense and other common m...
HUMAN SECURITY: CONSEQUENCE OF AND INCENTIVE FOR NATIONAL AND INTERNATIONAL SECURITY
[i]In the evolution framework of modern society confl icts, even though not of a global outreach, have unprececedently increased in number and effects. As a result, human security, has become of top concern in democratic...
THE COMMUNICATIVE DIMENSION OF THE ROMANIAN SOLDIER’S ETHNIC PROFILE
[i]The Romanian soldier’s ethnic profile modifies in relation with the general profile, due to the fact that representations and perceptions are conditioned by specific patterns and life experiences. Starting from the ge...
ADVANCED TECHNOLOGIES APPLIED TO THE MODERN LOGISTICS OF MILITARY SYSTEMS / EQUIPMENT
[i]The nations that achieve cyberpower will command influence in global affairs economically, culturally, militarily, and politically in the decades ahead. Military cyberpower is the application of the domain of cyberspa...