Engineering economy : applying theory to practice

✍ Scribed by Eschenbach, Ted G

Publisher: Oxford University Press
Year: 2003
Tongue: English
Leaves: 635
Series: Engineering & Technology
Edition: 2nd ed
Category: Library

No coin nor oath required. For personal study only.

✦ Synopsis

Thoroughly revised in this second edition,Engineering Economy: Applying Theory to Practice combines real-world problems minicases, and examples with a solid theoretical foundation in engineering economy. This innovative book covers all the standard topics included in the Fundamentals of Engineering (FE) Exam. It clearly illustrates concepts and methods--such as cost estimating, sensitivity analysis, probability, and multiple objectives--needed for successful application of engineering economy in industry practice. In addition, fully integrated Excel spreadsheets throughout the text function as indispensable analytical tools for problem-solving and understanding. Engineering Economy: Applying Theory to Practice, 2/e, is a comprehensive introductory text suitable for upper-division undergraduate courses, graduate courses, or as a professional reference.

NEW TO THE SECOND EDITION:

· Unique insight into using Excel functions for MACRS depreciation

· New problems, examples, references, illustrations, graphs, and tables

· Minicase studies at the ends of most chapters

· Improved coverage of replacement analysis, inflation, and sensitivity analysis

· An appendix on engineering economy-based accounting

· More accessible presentation of analyzing the defender in replacement problems

· Discussion of geometric gradients unified with other engineering economy factors

· Comparison of mutually exclusive alternatives now precedes the treatment of constrained project selection/capital budgeting

✦ Table of Contents

Content: 1. Making economic decisions --
2. The time value of money --
3. Equivalence-a factor approach --
4. Spreadsheets and economic analysis --
5. Present worth --
6. Equivalent annual worth --
7. Internal rate of return --
8. Benefit/cost ratios and other measures --
9. Mutually exclusive alternatives --
10. Replacement analysis --
11. Constrained project selection --
12. Depreciation --
13. Income taxes --
14. Public-sector engineering economy --
15. Inflation --
16. Estimating cash flows --
17. Sensitivity analysis --
18. Uncertainty and probability --
19. Multiple objectives --
Appendices A-B --
Index.

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