| Article ID: | iaor19971820 |
| Country: | Netherlands |
| Volume: | 73 |
| Issue: | 1 |
| Start Page Number: | 185 |
| End Page Number: | 187 |
| Publication Date: | Feb 1994 |
| Journal: | European Journal of Operational Research |
| Authors: | Sepil Canan |
In a recent paper, Elmaghraby and Herroelen have presented an algorithm to maximize the present value of a project. Here, with the help of an example, it is shown that the algorithm may not find the optimal solution.