• DocumentCode
    1518603
  • Title

    First experiences with a ranking method for portfolio selection in applied research

  • Author

    Cranston, R.W.

  • Author_Institution
    British Petroleum Co. Ltd., Sunbury-on-Thames, UK
  • Issue
    4
  • fYear
    1974
  • Firstpage
    148
  • Lastpage
    152
  • Abstract
    Starting from the premise that commercial research aims to maximize the expected profitability for a given expenditure on research, a Profitability Index is derived based on a decision tree concept. The practical application of this Profitability Index at the British Petroleum Company Limited´s Sunbury Research Centre in the context of research sponsored by several departments is then described.
  • Keywords
    research and development management; applied research; decision tree concept; expected profitability; portfolio selection; profitability index; ranking method; Companies; Decision making; Decision trees; Indexes; Portfolios; Profitability;
  • fLanguage
    English
  • Journal_Title
    Engineering Management, IEEE Transactions on
  • Publisher
    ieee
  • ISSN
    0018-9391
  • Type

    jour

  • DOI
    10.1109/TEM.1974.6448494
  • Filename
    6448494
    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=49&DC=1518603