Question

Explain the numeric selection method of selecting the project

Answer 1

Project Selection is a process to assess each project idea and select the project with ... Often you will have a number of suggested projects but not enough

Answer 2

Following are some of numeric models for project selection.

Payback Period.

Average Rate of Return.

Discounted Cash Flow.

Internal Rate of Return (IRR)

Profitability Index.

Other Profitability Models.