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Optimal Investment Decisions
Authors:V. V. Morozov   A. A. Obizhaeva  D. A. Sapozhnikova
Affiliation:(1) Faculty of Management and Economic Sciences of Tunis, International Finance Group Tunisia, Tunis, Tunisia;(2) Center for Applied Business Research in Energy and the Environment (CABREE), University of Alberta School of Business, Edmonton, AB, Canada;(3) Tunisian Nuclear Power Plant, Tunis, Tunisia
Abstract:A discrete investment model of a production project is considered. Stoppage and recovery of production are allowed. The project is scrapped if the maintenance costs exceed some limit. The optimal maintenance cost threshold is calculated.
Keywords:
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