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capital rationing

TTJRSupporter5y ago
1. All except project X can be scaled down but not scaled up what does this mean? 2.The project X has a three year contract to supply supermarket chain and can not be varied what does this mean?
John MoffatJohn MoffatTutor5y ago#1
1. That they can do part of project X, but they cannot do more than 100% of project X (the standard definition of 'infinitely divisible'. 2. That if they do project X then it has to continue for 3 years - they cannot stop after (for example) 2 years.
TTJRSupporter5y ago#2
thank u sir
John MoffatJohn MoffatTutor5y ago#3
You are welcome :-)
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