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As the amount of money invoiced in a decision rises, so does the burden of making the decision. Thus, it is not surprising or rare that the question arises: should a study be instituted before the decision is made to lessen the risks involved? Of course, such a study will itself cost something...
Persistent link: https://www.econbiz.de/10009190909
This paper treats the following problem. How much money should be invested at time t<sub>0</sub> at an interest rate of I for a time T such that the probability of the funds required "K(T)" exceeding those available "X(T)" equals at most p. That is P{K(T) X(T)} < p, where X(T) - X(t<sub>0</sub>) exp{ I(T - t<sub>0</sub>)}. The parameters I, T,...</p,>
Persistent link: https://www.econbiz.de/10009190940