Comparing Alternative Investments of Capital | Project Management

Different methods employed for comparing alternative investments and to ascertain the profita­bility of each project are:- 1. Pay-back method. 2. Return on investment method. 3. Present-value return on investment method. 4. Return on total capital employed. 5. Linear programming model. 6. Simulation technique. 1. Pay-Back Method: The method attempts to determine the number of years in which the investment is [...]