ENGLISH


C = C (1+i)
o n


where i is the interest rate per period (usually per year), Cn is
the sum to be received n periods in the future and C(o) is the
present value. Note that this formulation assumes i is the same
in each period. See also DISCOUNT FACTOR.


072 DISCRETE STOCHASTIC
 PROGRAMMING


F: PROGRAMMATION STOCHASTIQUE
 A VARIABLES DISCRETES
 S: PROGRAMACION ESTOCASTICA
 DISCRETA


A form of RISK PROGRAMMING in which a relatively small number of
possible outcomes of risky coefficients are considered.



073 DOMINANCE F: DOMINANCE
 S: DOMINANCIA

A term used in various contexts (e.g. in DECISION ANALYSIS, FARM
PROGRAMMING and INPUT-OUTPUT BUDGET ANALYSIS) to indicate that one
alternative is always superior to another in the sense of
producing higher NET BENEFITS.


074 (EV)-EFFICIENT PLANS


 F: PLANS EFFICACES
 PREVISIONS-VARIANCE
S: PLANES EFICIENTES
 MEDIA-VARIANZA


FARM PLANS that have the lowest possible variance (V) of income
(E). Such plans may be generated by QUADRATIC RISK PROGRAMMING.


075 ENTERPRISE


F: SPECULATION
 S: RUBRO


The production of a particular commodity
commodities for sale or domestic use. The
include a number of ACTIVITIES.


or group of related
one enterprise may


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