Examlex
_____ is a quantitative approach that uses a method known as DMAIC, which stands for define, measure, analyze, improve, and control.
Hurdle Rate
The minimum acceptable rate of return on an investment that a manager or investor expects to achieve.
Time Value of Money
The idea that having money in the present is more valuable than having the same sum in the future because of what it could potentially earn.
Break-Even Time
The period it takes for a business or project to recover its costs, reaching a financial break-even point.
Payback Period
The payback period is the time it takes for an investment to generate cash flows sufficient to recover its initial cost.
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