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This text
covers the basic techniques and applications of engineering economy for all disciplines in the engineering profession.The
writing style emphasizes brief, crisp coverage of the principle or technique discussed in order to reduce the time taken to present and grasp the essentials.The objective of the text is to explain and demonstrate the principles and techniques of engineering economic analysis as applied in different fields of engineering.This brief text includes coverage of multiple attribute evaluation for instructors who want to include non-economic dimensions in alternative evaluation and the discussion of risk considerations in the appendix, compared to Blank's comprehensive text, where these topics are discussed in two unique chapters.
List of contents
Chapter 1 Foundations of Engineering EconomyChapter 2 Factors: How Time and Interest Effect MoneyChapter 3 Nominal and Effective Interest RatesChapter 4 PresentWorth AnalysisChapter 5 Annual Worth AnalysisChapter 6 Rate of Return AnalysisChapter 7 Benefit/Cost Analysis and Public Sector ProjectsChapter 8 Breakeven, Sensitivity and Payback AnalysisChapter 9 Replacement and Retention DecisionsChapter 10 Effects of InflationChapter 11 Estimating CostsChapter 12 Depreciation MethodsChapter 13 After-tax Economic AnalysisChapter 14 Alternative Evaluation Considering Multiple Attributes and RiskAppendix A: Using Spreadsheets and Microsoft ExcelAppendix B: Accounting Reports and Business RatiosAppendix C: Final Answers to Selected Problems
Summary
Covers the basic techniques and applications of engineering economy for all disciplines in the engineering profession. This title explains and demonstrates the principles and techniques of engineering economic analysis as applied in different fields of engineering.