Payback as an Investment Criterion for Sawmill Improvement Projects.
Abstract
Methods other than presented here should be used to assess projects for likely return on investment; but, payback is simple to calculate and can be used for calculations that will indicate the relative attractiveness of alternative improvements projects. This paper illustrates how payback ratios are calculated, how they can be used to rank alternative improvement projects, and how to calculate the benefit value ot improvement projects. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- May 01, 1983
- Accession Number
- ADA132036
Entities
People
- George B. Harpole
Organizations
- Forest Products Laboratory