alt Hacker NewsIt’s capex vs. opex. A large enough company has a fixed budget for both, and for your situation, I assume that the opex budget had the funds, while the capex did not.
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falcor84 • today at 6:12 PM
Maybe it's just some peculiarity I'm missing, but wouldn't a smaller capex sum be a pareto improvement over a larger opex? Is there any way in which denying the suggestion was rational?
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This separation and other accounting peculiarities like use it or lose it budgeting cause so much inefficiency.