Investment decisions in weaving - An investment support model (ISM)

A model was developed to support a structured approach to the investment-decision process in the weaving industry, This model assists the initial investigation through an investment guide, It enables the investor easily to lay out the over-all economic picture of the investment decision at hand by employing a decision-tree program, A spreadsheet analysis of the intended investment generates, upon appropriate input, the net present value of that project, Subsequently, the model allows the decision maker to assign probabilities and correlation coefficients to important factors for the investment and to carry out simulation runs, Thus the investor can incorporate risk and uncertainty in his/her analysis, The model also provides an evaluation guide to interpret the simulation results.