- This topic has 3 replies, 2 voices, and was last updated 5 years ago by
.
Viewing 4 posts - 1 through 4 (of 4 total)
-
Posts
-
sir what does the following line mean:
“none of the projects can be scaled up but all them can be scaled down”
It means that they can do fractions of a project (e.g. 50% or 75% etc) but cannot do more than 100% of a project. It is the normal assumption in capital rationing questions.
Viewing 4 posts - 1 through 4 (of 4 total)
- The topic ‘Projects’ is closed to new replies.