Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
982096 | Procedia Economics and Finance | 2012 | 5 Pages |
Abstract
Although that is true, CVP analysis helps to bridge the gap that widened lately between accounting and budgetary control literature on one side and financial economics models evaluating flexibility in economic decision, in particular real options literature, on the other. The main objective of this paper is to explain how to cam we use real options modeling in decisions related to the production process.
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