BUDGETING: ACTIVITY–HOLISTIC APPROACH

Capital budgeting: A data envelopment analysis approach

Budget allocation is a common task carried in our daily life. As it seems to be necessary to perform this task in an ideal manner this paper mainly deals with budget allocation problem. The main key feature of this work is that it uses a mathematical programming technique Data Envelopment Analysis (DEA) for formulating a proper model for capital budget allocation. This formulation is based on t...

Better Budgeting

Modeling and Analysis: Budgeting

This presentation addresses the fundamentals of budgeting: What is a budget, how to create and use a budget, what types of budgets are there. What is the relation with modeling and measuring. Distribution This article or presentation is written as part of the Gaudí project. The Gaudí project philosophy is to improve by obtaining frequent feedback. Frequent feedback is pursued by an open creatio...

Fuzzy capital budgeting

Fuzzy equivalents of all the classical capital budgeting (investment choice) methods are generalised or proposed. These equivalents can be used to evaluate and compare projects in which the cash ows, duration time and required rate of return (cost of capital) are given imprecisely, in the form of a fuzzy number. c © 2000 Elsevier Science B.V. All rights reserved.

Strategy and Budgeting Alignment

This paper seeks to gain an understanding of some of the processes of control that operate within organizations, especially those involved in parent-subsidiary relationship. It provides information about how a Telecommunications company is complementing and interacting budgeting and nonfinancial performance measures, aligning budgeting with strategy in a highly customer-driven environment. It i...