Category Archives: Business Finance

Measuring Relative Variation: A Review of the Coefficient of Variation

Consider the follow two targets: Shooter #1 and Shooter #2 both fired 15 rounds into [...]

Standard Deviation versus Standard Error

Anyone who has worked around the fields of reliability or quality has certainly bumped into [...]

The Net Present Value Method: Measuring the True Value of an Investment

In the previous three articles, we’ve examined the Break-even Analysis and Pay-back Period methods as [...]

The Problems with Payback Period, Part 2

The problems with the payback period method as a mean of analyzing and comparing potential [...]

The Problems with Payback Period, Part 1

If you’ve ever participated on a project team considering the purchase of a major piece [...]

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