Match each one of the examples below with one of the stages of the capital budgeting decision model.

Stages:

1. Identify Projects

2. Obtain Information

3. Make Predictions

4. Make Decisions by Choosing Among Alternatives

5. Implement the Decision, Evaluate Performance, and Learn

________ a. The need to reduce the costs to process the vegetables used in producing goulash

________ b. Learning how to effectively operate Machine #8 only takes 15 minutes

________ c. Issuing corporate stock for the funds to purchase new equipment

________ d. Monitoring the costs to operate a new machine

________ e. Will introducing the new product substantially upgrade our image as

a producer of quality products?

________ f. Percentage of defective merchandise considered too high

________ g. Estimating yearly cash flows and setting investment budgets accordingly using a 12-year planning horizon.

________ h. Use of the internal rate of return for each alternative

________ i. Tracking realized cash flows and comparing against estimated numbers.