Examlex
Nonprogrammed decisions are repetitive and routine, to the extent that a definite procedure has been worked out for handling them so that they don't have to be treated as new each time they occur.
Payback
A capital budgeting method that calculates the length of time required to recoup the original investment.
IRR
A financial metric, the Internal Rate of Return evaluates the potential profitability of investments.
NPV
A financial analysis method that calculates the difference between the present value of cash inflows and outflows over a period of time, used to assess the worth of investments or projects.
Mutually Exclusive
Events or projects that cannot both occur at the same time, where the selection of one excludes the possibility of the other.
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