Using expanded real options analysis to evaluate capacity expansion decisions under uncertainty in the construction material industry
Capacity expansion generally requires large capital expenditure on illiquid assets. Therefore, decisions to enlarge capacity must support the organisation’s strategic objectives and provide valuable input for the budgeting process. This paper applies an expanded form of Real Options Analysis (ROA) t...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Stellenbosch University
2016-08-01
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| Series: | South African Journal of Industrial Engineering |
| Subjects: | |
| Online Access: | http://sajie.journals.ac.za/pub/article/view/1381 |