A deterministic approach to a capital budgeting problem

N. P. Akpan, Ette Harrison Etuk · American Journal of Scientific and Industrial Research · 2011

The purpose of this paper is to model capital budgeting of Akwa Ibom State, Nigeria.The exact approach is employed in solving the problem and the optimal solution was obtained.The capital projects are summarized in four broad groups: the economic sector ( )).The optimal solution value is 129.7600.A MATLAB of version 7.1 was used for the Analysis.

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