In selecting the best group of unequal-lived projects, if the projects are independent, the length of the projects lives is not critical.

Question

Quizplus · Accepted Answer

If the projects are independent, the length of their lives is not critical because they do not have any interdependence or interaction. The decision to select the best group of projects in this case would largely depend on their individual characteristics such as the net present value, internal rate of return, and payback period, among others. However, if the projects are mutually exclusive, the length of their lives would be a critical factor in selecting the best group of projects.

In Selecting the Best Group of Unequal-Lived Projects, If the Projects