E-grocery offers customers an alternative to traditional brick-and-mortar grocery retailing. Customers select e-grocery for convenience, making use of the home delivery at a selected time slot. In contrast to brick-and-mortar retailing, in e-grocery on-stock information for stock keeping units...

Textbooks on financial management have emphasized the shortcomings of the payback criterion for decades. However, empirical evidence suggests that in actual capital budgeting procedures the payback method is used quite regularly. Mostly, it is implemented supplementary to net present value or...