Abstract:
The process of planning and evaluating proposals for investments
is called capital budgeting.
Capital budgeting decisions are
important because large amount of money are committed for long
periods of time and because these type of decision are often
difficult or impossible to reverse once the funds have been
committed.
This study surveys different models and techniques that are used
to solve several types of capital budgeting problems These types
are of simple capital budgeting and capital rationing; under
conditions of certainty and uncertainty
The analysis helps on the difficult and critical decisions
management has to make