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Timing problem ((See Chapter 17 of the Vernimmen))
Timing problems arise when projects have very different cash flows profiles, i.e. one project starts generating positive cash flows much earlier than the other project, but they start disappearing much more rapidly. To solve this problem, the NPV criterion should be used.
Timing problem ((See Chapter 17 of the Vernimmen))
Timing problems arise when projects have very different cash flows profiles, i.e. one project starts generating positive cash flows much earlier than the other project, but they start disappearing much more rapidly. To solve this problem, the NPV criterion should be used.
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