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Admitting Projects One-By-One as They Arrive

Chapter
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Part of the International Series in Operations Research & Management Science book series (ISOR, volume 69)

Abstract

This chapter1 addresses the portfolio selection problem when project decisions must be taken one-by-one. Most research on project selection and resource allocation views portfolio choices as low-frequency (e.g., quarterly or annually) decisions that prioritize among multiple projects or product lines.

Keywords

Bellman Equation Project Selection Portfolio Selection Problem Project Idea Threshold Policy 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media New York 2004

Authors and Affiliations

  1. 1.Dupree College of ManagementGeorgia Institute of TechnologyUSA
  2. 2.INSEADUSA

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