Fundamentals of Engineering Economics and Decision Analysis
- ISBN-10
- 1608458644
- ISBN-13
- 9781608458646
- Category
- Technology & Engineering
- Pages
- 205
- Language
- English
- Published
- 2012
- Publisher
- Morgan & Claypool Publishers
- Authors
- Ronald E. Terry, David Whitman
Description
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
Get the book
Other editions
-
- 2012-04-27
- 219 pages
- Paperback
- Morgan & Claypool Publishers
-
- 2022-06-01
- 205 pages
- Ebook
- Springer Nature
Similar books
-
Animal Sciences: The Biology, Care, and Production of Domestic Animals, Fourth Edition
By John R. Campbell, M. Douglas Kenealy, Karen L. CampbellTimberlake claimed in 1980 that a fundamental problem with Singer's work is the lack of an adequate definition of suffering ...
-
Resilient Agriculture: Cultivating Food Systems for a Changing Climate
By Laura Lengnick3. D. Layne. 2013. Tree Fruit: Protecting Your Investment. American/Western Fruit Grower, September/October. 4. R. Snyder and J. Melu-Abreu. 2005. Frost ...
-
Biodesign: The Process of Innovating Medical Technologies
By Stefanos Zenios, Josh Makower, Paul YockAt that time, these were in the low $10s of millions. ... be a good partner going forward, even though it takes longer to get the deal done," offered Chess.
-
Advanced Signal Processing: A Concise Guide
By Amir-Homayoon Najmi, Todd Moon[ 59 ] S. Kotz , T. J. Kozubowski , and K. Podgorski , The Laplace ... valued signal processing : The proper way to deal with impropriety , ” IEEE Trans .
-
Resources for Technical Communication
By Pearson Education, Pearson Education Staff, David P Pearson EducationSome documents are annotated; some are left without annotations to provide more flexibility for instructors. This booklet can be packaged at no additional cost with any Longman title in technical communication.
-
Chemistry: An Introduction to General, Organic, and Biological Chemistry; Chemistry Study Pack Version 2.0 CD-ROM; The Chemistry of Life CD-ROM;...
By Karen C. TimberlakeChemistry: An Introduction to General, Organic, and Biological Chemistry; Chemistry Study Pack Version 2.0 CD-ROM; The Chemistry of Life CD-ROM;...
-
Poultry Science: Fifth Edition
By Colin G. Scanes, Karen D. ChristensenThe emission rates for ammonia (Casey et al., 2006): • Layers: 116 g NH3 per AU (AU or animal unit or 500 kg). • Broilers: 135 g NH3 per AU (AU or animal unit or 500 kg). Emission rates in different reports vary from less than either 10 ...
-
Solid State Materials Chemistry
By Patrick M. Woodward, Pavel Karen, John S. O. Evans[45] B.F. Hoskins, R. Robson, “Design and construction of a new class of scaffolding-like materials comprising infinite polymeric frameworks of 3D-linked molecular rods. A reappraisal of the zinc cyanide and cadmium cyanide structures ...
-
Abbreviations Dictionary
By Dean A. Stahl, Karen Landen... Tallest Mountain Mount Robson—12,972 feet or 3,954 meters—in the Canadian Rockies Canada's Westernmost City Dawson, Yukon Canada's Westernmost Point in Yukon Territory just east of Alaska's Demarcation Point Canary Islands' Largest ...
-
Agriculture: A Very Short Introduction
By Paul Brassley, Richard SoffeACCOUNTING Christopher Nobes ADVERTISING Winston Fletcher AFRICAN AMERICAN RELIGION Eddie S. Glaude Jr AFRICAN HISTORY ... Hugh Bowden ALGEBRA Peter M. Higgins AMERICAN HISTORY Paul S. Boyer AMERICAN IMMIGRATION David A. Gerber AMERICAN ...