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The Internal Rate of Return (IRR)is the Rate of Return,based

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The internal rate of return (IRR)is the rate of return,based on discounted cash flows,of a capital investment.


Definitions:

Constraints

Restrictions that limit the degree to which a manager can pursue an objective.

Corner Points

In linear programming, points at the corner of the feasible region that are potential solutions to the optimization problem.

Optimal Solution

The best possible outcome or answer to a problem, maximizing or minimizing the objective function within given constraints.

Constraints

Limitations or restrictions that affect the decision-making process or the execution of plans.

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