This book emphasizes the concepts and techniques of analysis that prove useful in evaluating the economic feasibility of engineering systems, projects, and services for decision purposes. It also familiarizes the engineer with operations and operational feasibility necessary to considerations of the design process. Chapter topics cover economic and cost concepts; interest formula; calculations of economic equivalence; equivalence involving inflation; bases for comparison and decision-making among alternatives; evaluating production operations and replacement alternatives; accounting; income taxes in economic analysis; decisions under risk and uncertainty and involving multiple criteria; and estimating economic elements. For a basic understanding of mathematical modeling in complex operational systems, essential to a growing number of engineers today.
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A classic examination of the economic aspects of engineering and the evaluation of the economic feasibility of engineering projects.
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Book Description Prentice Hall, 2000. Book Condition: New. Brand New, Unread Copy in Perfect Condition. A+ Customer Service! Summary: (NOTE: Most chapters conclude with Key Points and Questions and/or Problems.)I. INTRODUCTION TO ENGINEERING ECONOMY. 1. Engineering and Engineering Economy. Engineering and Science. The Bi-Environmental Nature of Engineering. Physical and Economic Efficiency. The Engineering Process. Engineering for Economic Competitiveness. Engineering Economy and the Engineer. 2. Some Economic and Cost Concepts. Concepts of Value and Utility. Consumer and Producer Goods. Economic Aspects of Exchange. Classifications of Cost. Life-Cycle Cost. Interest and Interest Rate. The Time Value of Money. The Earning Power of Money. The Purchasing Power of Money. II. INTEREST FORMULAS AND EQUIVALENCE. 3. Interest Formulas. Simple and Compound Interest. Describing Cash Flows over Time. Interest Formulas (Discrete Compounding, Discrete Payments). Interest-Formula Relationships. Compounding Frequency Considerations. Interest Formulas (Continuous Compounding, Discrete Payments). Summary of Interest Formulas. 4. Calculations of Economic Equivalence. The Meaning of Equivalence. Equivalence Calculations Involving a Single Factor. Equivalence Calculations Involving Cash Flows. Principle of Equivalence. Equivalence Calculations with More Frequent Compounding. Equivalence Calculations Involving Bonds. Equivalence Calculations Involving Loans. Equivalence Calculations Involving Working Capital. 5. Equivalence Involving Inflation. Measures of Inflation and Deflation. The Inflation Rate. Considering the Effects of Inflation. Analyzing Inflation in Investments. III. ECONOMIC ANALYSIS OF ALTERNATIVES. 6. Bases for Comparison of Alternatives. Present Worth. Annual Equivalent. Future Worth. Internal Rate of Return. Payback Period. Capitalized Equivalent Amount. Capital Recovery with Return. Project Balance. 7. Decision Making among Alternatives. Types of Investment Proposals. Forming Mutually Exclusive Alternatives. Elements of Decision Criteria. Present Worth on Incremental Investment. IRR on Incremental Investment. Comparisons Based on Total Investment. Comparing Alternatives with Unequal Lives. 8. Evaluating Production Operations. Characteristics of Production Operations. Break-Even Analysis. Operation and Production Decisions. Economic Operation of Equipment. Models for Procurement Operations. 9. Evaluating Replacement Alternatives. The General Nature of Replacement Analysis. Describing Replacement Alternatives. Replacement Analysis for Unequal Lives. The Economic Life of an Asset. Replacement Assumptions and Decisions. Retirement or Abandonment Decisions. Examples of Replacement Problems. 10 Evaluating Public Activities. General Welfare Aim of Government. The Nature of Public Activities. Financing Public Activities. Public Activities and Engineering Economy. Benefit-Cost Analysis. Identifying Benefits, Disbenefits, and Costs. Cost-Effectiveness Analysis. IV. ACCOUNTING, DEPRECIATION, AND INCOME TAXES. 11. Accounting and Depreciation Accounting. <br. Bookseller Inventory # ABE_book_new_013028128X
Book Description Prentice Hall. Book Condition: New. Brand New. Bookseller Inventory # 013028128X
Book Description Prentice Hall, 2000. Paperback. Book Condition: New. 9. Bookseller Inventory # DADAX013028128X
Book Description Prentice Hall, 2000. Paperback. Book Condition: New. book. Bookseller Inventory # 013028128X
Book Description Prentice Hall, 2000. Book Condition: New. Brand new! Please provide a physical shipping address. Bookseller Inventory # 9780130281289
Book Description Pearson, 2000. Paperback. Book Condition: New. Bookseller Inventory # P11013028128X
Book Description Prentice Hall Engineering Economy (9th Edition) [Paperback] [Jun 09, 2000] Thuesen, Gerald ., 2000. PAPERBACK. Book Condition: New. 013028128X. Bookseller Inventory # PEARSON9780130281289