Fundamentals of Engineering Economic Analysis

Fundamentals of Engineering Economic Analysis PDF

Author: John A. White

Publisher: John Wiley & Sons

Published: 2020-07-28

Total Pages: 544

ISBN-13: 1118881060

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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.

Fundamentals of Economics for Applied Engineering

Fundamentals of Economics for Applied Engineering PDF

Author: S. Kant Vajpayee

Publisher: CRC Press

Published: 2019-08-02

Total Pages: 370

ISBN-13: 0429581173

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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.

Fundamentals of Engineering Economics and Decision Analysis

Fundamentals of Engineering Economics and Decision Analysis PDF

Author: David Whitman

Publisher: Springer Nature

Published: 2022-06-01

Total Pages: 205

ISBN-13: 303179348X

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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

Basics of Engineering Economy

Basics of Engineering Economy PDF

Author: Leland T. Blank

Publisher: McGraw-Hill Europe

Published: 2014

Total Pages: 0

ISBN-13: 9781259080760

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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.

Fundamentals of Engineering Economics

Fundamentals of Engineering Economics PDF

Author: Chan S. Park

Publisher: Prentice Hall

Published: 2004

Total Pages: 568

ISBN-13:

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For Engineering Economics courses, found in departments of Industrial, Civil, Mechanical, and Electrical Engineering. New from the author of the best-selling Contemporary Engineering Economics text, Fundamentals of Engineering Economics offers a concise, but in-depth coverage of all fundamental topics of Engineering Economics.

Fundamentals of Systems Engineering

Fundamentals of Systems Engineering PDF

Author: C. Jotin Khisty

Publisher:

Published: 2001

Total Pages: 504

ISBN-13:

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Based on the reality that today's engineers need a broad range of decision-making skills, this unique reference draws together--"into a single comprehensive volume"--all the fundamental principles of systems analysis (both hard and soft systems), economics (particularly microeconomics), probability, and statistics that engineers need to develop a rich, multifaceted perspective from which to tackle--and solve--complex engineering problems. The emphasis throughout is on presenting the fundamental concepts and their practical engineering applications, "unobscured by complicated mathematics." Using a large number of worked examples, it integrates the power of quantitative analysis with the conceptual richness of capital budgeting and microeconomics into the elements of systems engineering. Coverage is broad-based and applicable for engineers in practically "all" branches of engineering. The Systems Approach. Problem Solving in Engineering & Planning. Basic Engineering Economics & Evaluation. Basic Micro Economics for Engineers & Planners. Principles of Probability (Probability Theory; Random Variables and Probability Distributions; Joint Probability Functions and Correlated Variables). Principles of Statistics (Estimation of Statistical Parameters and Testing Validity of Distribution Functions; Hypothesis Testing, Analysis of Variance, Regression and Correlation Analysis). Basic Hard Systems Engineering. Basic Soft Systems Thinking & Analysis. For Civil, Chemical, Electrical, Environmental, Mechanical, and Industrial Engineers, Urban Planners, Architects, and Construction Managers.

Fundamentals of Engineering Economics

Fundamentals of Engineering Economics PDF

Author: Kal Renganathan Sharma

Publisher: Cognella Academic Publishing

Published: 2011-01-19

Total Pages: 0

ISBN-13: 9781609278267

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In today's rapidly changing global economy, business managers must have the tools and know-how to quickly evaluate the economic viability of potential solutions to engineering problems. An entire field of study has evolved to meet this need, yet there are few straightforward texts that outline the basics of engineering economics. Fundamentals of Engineering Economics is an accessible, comprehensive guide to the fundamental principles, concepts, and methods of engineering economics. Utilizing detailed case studies and exercises reflecting current trends and issues in economics, this book introduces students to a variety of key concepts, including estimation of the time value of money, evaluation of a single project, decision analysis, depreciation and taxes. This is an ideal textbook for Economic Analysis and Technical Applications students, or anyone seeking to gain an understanding of the core concepts of engineering economics. Fundamentals of Engineering Economics is organized into the following topical chapters: - Overview of Engineering Economy - Fixed and Variable Costs - Time Worth of Money - Five Methods for Evaluation of Capital Project - Comparison of Alternates and Decision Analysis - Depreciation and Replacement Analysis - Taxes, Tariffs, and Duties - Public Sector Initiatives and Benefit-to-Cost Ratio - Break-Even Analysis and Spider Plots Kal Renganathan Sharma serves as Adjunct Professor of Chemical Engineering at the Roy G. Perry College of Engineering at Prairie View A&M University. He received his B.Tech. from the Indian Institute of Technology (1985, Chennai, India) and his MS and Ph.D degrees from West Virginia University (1987, 1990, Morgantown, WV). All three degrees are in chemical engineering. Dr. Sharma is the author of 10 books, 4 book chapters, 21 journal articles, 528 conference papers and 108 other presentations. He is the recipient of several prestigious honors and awards, including the Outstanding Student of the Penultimate Year from the Rev. Brothers of St. Gabriel at RSK Higher Secondary School (Trichy, India) and an Honorary Fellowship from the Australian Institute of High Energetic Materials (Melbourne, Australia).

Schaums Outline of Engineering Economics

Schaums Outline of Engineering Economics PDF

Author: Jose A. Sepulveda

Publisher: McGraw Hill Professional

Published: 1984-06-22

Total Pages: 196

ISBN-13: 9780070238343

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Algebraic relationships and solution procedures. Discrete, periodic compounding. Continuous compounding.