Naslov
On maximization of the internal rate of return in the choice of independent investment projects

Autori
Hunjet, Dubravko ; Neralić, Luka ; Relić, Branko

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Proceedings of the 9th International Conference on Operational Research - KOI 2002 / Šorić, Kristina ; Hunjak, Tihomir ; Scitovski, Rudolf - Zagreb : Osijek : Hrvatsko društvo za operacijska istraživanja (CRORS), 2003, 67-71

Skup
9th International Conference on Operational Research KOI 2002

Mjesto i datum
Trogir, Hrvatska, 02.10.2002. - 04.10.2002

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
portfolio of independent investment projects; internal rate of return; non-linear mixed-integer mathematical programming problem; iterative algorithm; approximate solution

Sažetak
In this paper we consider the problem of choosing a combination of independent projects for which internal rate of return is maximized. In this problem the projects are divided into groups and only one project may be selected from each group. In addition, budget constraint for each time period must be considered. The problem is formulated as a non-linear mixed-integer mathematical programming problem with 0/1 variables. In order to solve the problem an algorithm is suggested and tested on some examples.

Izvorni jezik
Engleski

Znanstvena područja
Matematika, Ekonomija

POVEZANOST RADA