1. What method(s) of capital budgeting does your company use, and what are the reasons for using this (or these) method(s)?
2. Discuss the strengths and/or weaknesses you see in the model presented in Figure 12-1 of chapter 12.

Figure 12-1 Capital budgeting procedures Accounting, finance, engineering Idea development Collection of data Decision making Results Assign probabilities Reassign probabilities Reevaluation Figure 12-1 Capital budgeting procedures Accounting, finance, engineering Idea development Collection of data Decision making Results Assign probabilities Reassign probabilities Reevaluation