Return On Investment (ROI) is a profitability measure that is the evaluation of the business performance by dividing the benefit (or return) of an investment by the cost of the investment, and the result is expressed as a percentage or a ratio. A high ROI means the investment gains compare favourably to investment cost.
Related Definitions in the Project: The Economic Reviews
Example Article of the ROI:
Set refinery profitability goals (June 2019, HP) - Johnson, A., Johnson, E., Graham Corp.; Lieberman, N., Process Improvement Engineering
While the ultimate purpose of operating a refinery is to produce gasoline, diesel or asphalt, key objectives include improving return on investment (ROI), net profitability and cash flow. Great strides have been made in improving plant efficiency and productivity by implementing online, interactive computer controls. Key segments of refineries have been upgraded, such as vacuum tower steam ejectors and vacuum condensers. Tower resid stripping trays have also been replaced with new types of structured packing. But has this improved profitability or cash flow? How can the first-line management level know that its cash flow or ROI has been improved? ...
