Engineering economy (Prentice-Hall international series in industrial and systems engineering) - Hardcover

Thuesen, G. J

9780132777230: Engineering economy (Prentice-Hall international series in industrial and systems engineering)

Hardcover

ISBN 10: 0132777231 ISBN 13: 9780132777230

Publisher: Prentice-Hall, 1984

Engineering Economy deals with the concepts and techniques of analysis useful in evaluating the worth of systems, products, and services in relation to their cost. This text emphasizes that the essential prerequisite of successful engineering application is economic feasibility. Our objective is to help the reader to grasp the significance of the economic aspects of engineering and to become proficient in the evaluation of engineering proposals in terms of worth and cost. The engineering approach to problem solution has advanced and broadened to the extent that success often depends upon the ability to deal with both economic and physical factors. Down through history, the limiting factor has been predominantly physical, but with the development of science and technology, goods and services that may not have utility have become physically possible. Fortunately, engineers can readily extend their inherent ability for analysis to embrace economic factors. To aid them is doing is a primary aim of this book.

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From the Publisher:

A classic examination of the economic aspects of engineering and the evaluation of the economic feasibility of engineering projects.

From the Back Cover:

Key Benefit: A classical examination of the economic aspects of engineering and the evaluation of the economic feasibility of engineering project, this text provides numerical examples from all branches of engineering and nearly 600 chapter-end problems. Key Topics: It covers interest formulas and equivalence; economic analysis of alternatives; accounting, depreciation, and income taxes; estimates, risk, and uncertainty; and economic analysis of operations. Market: For professionals working in the field of engineering economy.

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