RANK AND CUT
\ɹˈaŋk and kˈʌt], \ɹˈaŋk and kˈʌt], \ɹ_ˈa_ŋ_k a_n_d k_ˈʌ_t]\
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A method of decision making that ranks the importance of each project. They are ranked by a set of criteria such as cash flow, risk factors, capital appreciation. The allocation of capital for production is given to the highest ranking item.
By Henry Campbell Black
