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Advantage of North West Corner Method:
a. This methods is very effective as it provide step by step solution.b. It is very simple to obtain optimum solution through this method.
Disadvantage of North West Corner Methods
a. This method does not take into consider the important factor viz, cost which is sought to be minimized.b. NW corner rule take more time in obtaining optimal solution.
b) Based on these figures, Project Detroit should be pursued as it has the superior NPV. Even though both projects yield the same absolute amount of net cash flow (each totalling $
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What are the characteristics of each component of the GE matrix?
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the importance of data integrity
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