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Engineering Economics Analysis For Evaluation Of Alternatives
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Book Synopsis Engineering Economics Analysis for Evaluation of Alternatives by : Ira H. Kleinfeld
Download or read book Engineering Economics Analysis for Evaluation of Alternatives written by Ira H. Kleinfeld and published by John Wiley & Sons. This book was released on 1993-01-12 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: The engineer's guide to economical decision-making Engineering economics is an important subject for both aspiring and practicing engineers. As global competition increases, engineers are increasingly asked to analyze and monitor their processes and products, not only to ascertain their level of quality but their cost-effectiveness as well. It is imperative to know the scientific and engineering principles of design work and decision-making in a world where technology is constantly evolving. Kleinfeld's Engineering Economics: Analysis for Evaluation of Alternatives offers students, professors, and professionals guidance for making smart, economical decisions when it comes to design and manufacturing.
Book Synopsis Engineering Economics by : Ira Kleinfeld
Download or read book Engineering Economics written by Ira Kleinfeld and published by . This book was released on 1993 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Fundamentals of Engineering Economics and Decision Analysis by : David Whitman
Download or read book Fundamentals of Engineering Economics and Decision Analysis written by David Whitman and published by Springer Nature. This book was released on 2022-06-01 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors cover two general topics: basic engineering economics and risk analysis in this text. Within the topic of engineering economics are discussions on the time value of money and interest relationships. These interest relationships are used to define certain project criteria that are used by engineers and project managers to select the best economic choice among several alternatives. Projects examined will include both income- and service-producing investments. The effects of escalation, inflation, and taxes on the economic analysis of alternatives are discussed. Risk analysis incorporates the concepts of probability and statistics in the evaluation of alternatives. This allows management to determine the probability of success or failure of the project. Two types of sensitivity analyses are presented. The first is referred to as the range approach while the second uses probabilistic concepts to determine a measure of the risk involved. The authors have designed the text to assist individuals to prepare to successfully complete the economics portions of the Fundamentals of Engineering Exam. Table of Contents: Introduction / Interest and the Time Value of Money / Project Evaluation Methods / Service Producing Investments / Income Producing Investments / Determination of Project Cash Flow / Financial Leverage / Basic Statistics and Probability / Sensitivity Analysis
Book Synopsis Engineering Economic Analysis of Alternatives Using Benefits as Criteria for Evaluation by : Michael C. Motichko
Download or read book Engineering Economic Analysis of Alternatives Using Benefits as Criteria for Evaluation written by Michael C. Motichko and published by . This book was released on 1974 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt: This research develops an effective procedure for the engineering economic analysis of alternatives using their different or unequal benefits as the decision criteria. The procedure calls for the determination of three numerical values. The Relative Weights show the relative importance of the benefits. The Delphi Technique is used to obtain the assignments of the Relative Weights from a group of experts, and convert them to a general consensus of expert opinion. The Alternative Ratings are numerical values from 0.00 through 10.00, that reflect how well each alternative satisfies each benefit. (Modified author abstract).
Book Synopsis Advanced Engineering Economics by : Chan S. Park
Download or read book Advanced Engineering Economics written by Chan S. Park and published by John Wiley & Sons. This book was released on 2021-06-02 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advanced Engineering Economics, Second Edition, provides an integrated framework for understanding and applying project evaluation and selection concepts that are critical to making informed individual, corporate, and public investment decisions. Grounded in the foundational principles of economic analysis, this well-regarded reference describes a comprehensive range of central topics, from basic concepts such as accounting income and cash flow, to more advanced techniques including deterministic capital budgeting, risk simulation, and decision tree analysis. Fully updated throughout, the second edition retains the structure of its previous iteration, covering basic economic concepts and techniques, deterministic and stochastic analysis, and special topics in engineering economics analysis. New and expanded chapters examine the use of transform techniques in cash flow modeling, procedures for replacement analysis, the evaluation of public investments, corporate taxation, utility theory, and more. Now available as interactive eBook, this classic volume is essential reading for both students and practitioners in fields including engineering, business and economics, operations research, and systems analysis.
Book Synopsis Engineering Economics of Life Cycle Cost Analysis by : John Vail Farr
Download or read book Engineering Economics of Life Cycle Cost Analysis written by John Vail Farr and published by CRC Press. This book was released on 2023-06-30 with total page 413 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rise of the information age and the digital economy has dramatically changed engineering and other technology-driven fields. With tremendous advances in computing and communication systems, major organizational upheavals, all fueled by complexity, globalization, short cycle times, and lean supply chains, the functions of engineers have significantly changed. Engineers and similar professionals must be technically savvy and have product management and costing skills all while working in a distributed and often unstable environment. This new-edition textbook is updated to cover the integration of cost, risk, value, scheduling, and informationtechnologies going beyond basic engineering economics. Engineering Economics of Life Cycle Cost Analysis, Second Edition, offers a systems and life cycle or total ownership cost perspective. It presents advanced costing techniques such as simulation-based costing, decision and risk analysis, complex systemscosting, software, big data, and cloud computing estimation. Examples and problems demonstrating these techniques with real-world applications are also included. All engineers and similar professionals will find this book useful, but it is mainly written for systems engineers, engineering managers, program/product managers, and industrial engineers. The text can serve as a professional reference or for use with graduate courses on advanced engineering economic analysis and cost management, and financial analysis for engineers.
Book Synopsis Engineering Economic Analysis Practices for Highway Investment by : Michael J. Markow
Download or read book Engineering Economic Analysis Practices for Highway Investment written by Michael J. Markow and published by Transportation Research Board. This book was released on 2012 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: TRB’s National Cooperative Highway Research Program (NCHRP) Synthesis 424: Engineering Economic Analysis Practices for Highway Investment explores how U.S. transportation agencies have applied engineering economics--benefit–cost analyses and similar procedures--to decisions on highway investments.
Book Synopsis A Concise Introduction to Engineering Economics by : P. Cassimatis
Download or read book A Concise Introduction to Engineering Economics written by P. Cassimatis and published by Taylor & Francis. This book was released on 2013-01-11 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive yet accessible text emphasizes problem solving, evaluation of projects, capital budgeting and resource allocation under risk and uncertainty. Current theory of economics and finance is also discussed andthe text is complemented by a full set of problems, exercises and case studies.
Book Synopsis Fundamentals of Engineering Economic Analysis by : John A. White
Download or read book Fundamentals of Engineering Economic Analysis written by John A. White and published by John Wiley & Sons. This book was released on 2020-07-28 with total page 546 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fundamentals of Engineering Economic Analysis offers a powerful, visually-rich approach to the subject—delivering streamlined yet rigorous coverage of the use of economic analysis techniques in engineering design. This award-winning textbook provides an impressive array of pedagogical tools to maximize student engagement and comprehension, including learning objectives, key term definitions, comprehensive case studies, classroom discussion questions, and challenging practice problems. Clear, topically—organized chapters guide students from fundamental concepts of borrowing, lending, investing, and time value of money, to more complex topics such as capitalized and future worth, external rate of return, deprecation, and after-tax economic analysis. This fully-updated second edition features substantial new and revised content that has been thoroughly re-designed to support different learning and teaching styles. Numerous real-world vignettes demonstrate how students will use economics as practicing engineers, while plentiful illustrations, such as cash flow diagrams, reinforce student understanding of underlying concepts. Extensive digital resources now provide an immersive interactive learning environment, enabling students to use integrated tools such as Excel. The addition of the WileyPLUS platform provides tutorials, videos, animations, a complete library of Excel video lessons, and much more.
Book Synopsis Fundamentals of Economics for Applied Engineering by : S. Kant Vajpayee
Download or read book Fundamentals of Economics for Applied Engineering written by S. Kant Vajpayee and published by CRC Press. This book was released on 2019-08-02 with total page 471 pages. Available in PDF, EPUB and Kindle. Book excerpt: An easy-to-follow contemporary engineering economics text that helps making sound economic decisions without advanced mathematics. This one-semester introduction to the fundamentals of engineering economics provides an overview of the basic theory and mathematics underlying operational business decisions that engineering technology, engineering, and industrial technology students will face in the workplace. A basic knowledge of economics empowers a manager to balance costs with production. This new edition of Fundamentals of Economics for Engineering Technologists and Engineers is written in plain language. Concepts have been simplified and kept straightforward with an emphasis on "how to apply" economic principles. Practical examples as a tool for managing business data and giving detailed analysis of business operations. throughout the text make good use of Microsoft Excel templates, provided on the book’s companion website, for students. Chapter-end exercises provide discussion and multiple-choice questions along with numerical problems, and a solutions manual and instructor resources is given for adopting instructors.
Book Synopsis Principles of Engineering Economic Analysis by : John A. White
Download or read book Principles of Engineering Economic Analysis written by John A. White and published by . This book was released on 1989-01-31 with total page 616 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new edition of the widely-used engineering economics text. Employs a cash-flow approach to economic theory and prepares the reader to systematically perform economic justification of capital investments in a real-world setting. Stresses learning by example, with real-life cases. Updated and revised to reflect current practice, covering before- and after-tax analyses, and cost of capital, including the effects of inflation on capital investment, public sector economics.
Book Synopsis Cost Engineering Analysis by : William R. Park
Download or read book Cost Engineering Analysis written by William R. Park and published by Wiley-Interscience. This book was released on 1984-05-09 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: A revision of the very successful first edition with all chapters thoroughly reviewed and updated. Presents a means of rapid, inexpensive financial comparison among a group of projects as well as the more mathematically sophisticated, popular, but not necessarily accurate methods. The chapter on depreciation has been rewritten to reflect new tax laws. Discusses the impact of interest rates and income tax considerations on project evaluation. Includes expanded use of small computers with practical BASIC programs for computing depreciation, cash flow, present value, and more.
Book Synopsis Engineering Project Appraisal by : Martin Rogers
Download or read book Engineering Project Appraisal written by Martin Rogers and published by John Wiley & Sons. This book was released on 2012-07-03 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: In most cases of civil engineering development, a range of alternative schemes meeting project goals are feasible, so some form of evaluation must be carried out to select the most appropriate to take forward. Evaluation criteria usually include the economic, environmental and social contexts of a project as well as the engineering challenges, so engineers must be familiar with the processes and tools used. The second edition of Engineering Project Appraisal equips students with the understanding and analytical tools to carry out effective appraisals of alternative development schemes, using both economic and non-economic criteria. The building blocks of economic appraisal are covered early, leading to techniques such as net present worth, internal rate of return and annual worth. Cost Benefit Analysis is dealt with in detail, together with related methods such as Cost Effectiveness and the Goal Achievement Matrix. The text also details three multi-criteria models which have proved useful in the evaluation of proposals in the transportation, solid waste, energy and water resources fields: the Simple Additive Weighting (SAW) Model, the Analytic Hierarchy Process (AHP) technique and Concordance Analysis. There is a full discussion dealing with risk and uncertainty in these models. With many worked examples and case studies, Engineering Project Appraisal is an essential text for both undergraduate and postgraduate students on professional civil engineering courses, and it is expected that students on planning and construction management courses will find it a valuable addition to their reading.
Book Synopsis Economic Analysis for Engineers and Managers by : J. C. Sprague
Download or read book Economic Analysis for Engineers and Managers written by J. C. Sprague and published by Scarborough, Ont. : Prentice-Hall Canada. This book was released on 1986 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Fundamentals of Engineering Economics and Decision Analysis by : David Whitman
Download or read book Fundamentals of Engineering Economics and Decision Analysis written by David Whitman and published by Morgan & Claypool Publishers. This book was released on 2012-04-27 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors cover two general topics: basic engineering economics and risk analysis in this text. Within the topic of engineering economics are discussions on the time value of money and interest relationships. These interest relationships are used to define certain project criteria that are used by engineers and project managers to select the best economic choice among several alternatives. Projects examined will include both income- and service-producing investments. The effects of escalation, inflation, and taxes on the economic analysis of alternatives are discussed. Risk analysis incorporates the concepts of probability and statistics in the evaluation of alternatives. This allows management to determine the probability of success or failure of the project. Two types of sensitivity analyses are presented. The first is referred to as the range approach while the second uses probabilistic concepts to determine a measure of the risk involved. The authors have designed the text to assist individuals to prepare to successfully complete the economics portions of the Fundamentals of Engineering Exam. Table of Contents: Introduction / Interest and the Time Value of Money / Project Evaluation Methods / Service Producing Investments / Income Producing Investments / Determination of Project Cash Flow / Financial Leverage / Basic Statistics and Probability / Sensitivity Analysis
Book Synopsis Basics of Engineering Economy by : Leland Blank
Download or read book Basics of Engineering Economy written by Leland Blank and published by McGraw-Hill Science/Engineering/Math. This book was released on 2007-10-11 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 Blanks comprehensive text, where these topics are discussed in two unique chapters.
Book Synopsis Engineering Economy by : Leland T. Blank
Download or read book Engineering Economy written by Leland T. Blank and published by McGraw-Hill Science, Engineering & Mathematics. This book was released on 2002 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publisher Description
