Purposeful Engineering Economics
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| Author | : Ronald A. Chadderton |
| Publisher | : Springer |
| Total Pages | : 105 |
| Release | : 2015-06-09 |
| Genre | : Technology & Engineering |
| ISBN | : 3319188488 |
Purposeful Engineering Economics stands as a unique and highly original complement to the traditional engineering economics curriculum. This primarily narrative text conveys the essence of an "Austrian" economic perspective on cash flow analysis and decision making in engineering without extensive tables and graphs and requires very little mathematics. The book’s objective is to add a new perspective to the usual study of cash flow analysis and solely econometric engineering decision making. The author draws on the methodology of the Austrian Economists—a school of economic thought that bases its study of economic phenomena on the interpretation and analysis of the purposeful actions of individuals. The book includes an array of illustrative case studies examined in detail by the author and emphasizes the importance of market processes and price signals to coordinate engineering plans.
| Author | : Chan S. Park |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2016 |
| Genre | : Engineering economy |
| ISBN | : 9780134105598 |
"Contemporary Engineering Economics teaches engineers how to make smart financial decisions in an effort to create economical products. As design and manufacturing become an integral part of engineers' work, they are required to make more and more decisions regarding money. The Sixth Edition helps students think like the 21st century engineer who is able to incorporate elements of science, engineering, design, and economics into his or her products. This text comprehensively integrates economic theory with principles of engineering, helping students build sound skills in financial project analysis"--Amazon.com.
| Author | : Thane Brown |
| Publisher | : CRC Press |
| Total Pages | : 370 |
| Release | : 2016-04-19 |
| Genre | : Science |
| ISBN | : 1420008102 |
Engineers often find themselves tasked with the difficult challenge of developing a design that is both technically and economically feasible. A sharply focused, how-to book, Engineering Economics and Economic Design for Process Engineers provides the tools and methods to resolve design and economic issues. It helps you integrate technical a
| Author | : John Charles Lounsbury Fish |
| Publisher | : |
| Total Pages | : 340 |
| Release | : 1923 |
| Genre | : Engineering |
| ISBN | : |
| Author | : Francis J. Hopcroft |
| Publisher | : Momentum Press |
| Total Pages | : 140 |
| Release | : 2016-05-26 |
| Genre | : Technology & Engineering |
| ISBN | : 160650004X |
This volume provides a basic understanding of the time value of money and the ways to most effectively estimate the relative changes in the current value of proposed activities. Formulae and factors are provided to calculate the future value of dollars spent today, the present value of expected future income, and various ways to estimate the costs of future income and expenses. There is very little economic theory here, but following the rules and guidance provided will yield excellent results when deciding between long-term options with variable income and expenses. In addition, risk and uncertainty are addressed and ways are provided to calculate the impact of risk and uncertainty on economic decisions. A brief look at income statements and balance sheets is provided as an adjunct to the evaluation of economic data. The end of the volume contains dozens of interest tables to make the calculation of economic decisions far easier than with the complex equations, which are also provided.
| Author | : Ira H. Kleinfeld |
| Publisher | : John Wiley & Sons |
| Total Pages | : 450 |
| Release | : 1993-01-12 |
| Genre | : Technology & Engineering |
| ISBN | : 9780471284642 |
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.
| Author | : |
| Publisher | : |
| Total Pages | : |
| Release | : 1923 |
| Genre | : |
| ISBN | : |
| Author | : P. Cassimatis |
| Publisher | : Routledge |
| Total Pages | : 385 |
| Release | : 2013-01-11 |
| Genre | : Architecture |
| ISBN | : 1135831122 |
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.
| Author | : Chan S. Park |
| Publisher | : Wiley Global Education |
| Total Pages | : 816 |
| Release | : 2021-07-02 |
| Genre | : Technology & Engineering |
| ISBN | : 1119794684 |
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.
| Author | : David Whitman |
| Publisher | : Springer Nature |
| Total Pages | : 205 |
| Release | : 2022-06-01 |
| Genre | : Technology & Engineering |
| ISBN | : 303179348X |
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
