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Fundamentals Of Engineering Economics And Decision Analysis


Fundamentals Of Engineering Economics And Decision Analysis
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Fundamentals Of Engineering Economics And Decision Analysis


Fundamentals Of Engineering Economics And Decision Analysis
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Author : David Whitman
language : en
Publisher: Morgan & Claypool Publishers
Release Date : 2012-04-27

Fundamentals Of Engineering Economics And Decision Analysis written by David Whitman and has been published by Morgan & Claypool Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-04-27 with Technology & Engineering categories.


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



Fundamentals Of Engineering Economics And Decision Analysis


Fundamentals Of Engineering Economics And Decision Analysis
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Author : David Whitman
language : en
Publisher: Springer Nature
Release Date : 2022-06-01

Fundamentals Of Engineering Economics And Decision Analysis written by David Whitman and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-06-01 with Technology & Engineering categories.


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



Engineering Managerial Economic Decision And Risk Analysis


Engineering Managerial Economic Decision And Risk Analysis
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Author : Teddy Steven Cotter
language : en
Publisher: Springer Nature
Release Date : 2021-11-18

Engineering Managerial Economic Decision And Risk Analysis written by Teddy Steven Cotter and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-11-18 with Technology & Engineering categories.


This book directs the engineering manager or the undergraduate student preparing to become an engineering manager, who is or will become actively engaged in the management of economic-risk trade-off decisions for engineering investments within an organizational system. In today’s global economy, this may mean managing the economic risks of engineering investments across national boundaries in international organizations, government, or service organizations. As such, this is an applied book. The book’s goal is to provide an easy to understand, up to date, and coherent treatment of the management of the economic-risk trade-offs of engineering investments. This book accomplishes this goal by cumulatively sequencing knowledge content from foundational economic and accounting concepts to cost estimating to the traditional engineering economics knowledge culminating in fundamental engineering managerial economic decision-making incorporating risk into engineering management economic decisions.



Fundamentals Of Engineering Economic Analysis


Fundamentals Of Engineering Economic Analysis
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Author : John A. White
language : en
Publisher: John Wiley & Sons
Release Date : 2020-07-28

Fundamentals Of Engineering Economic Analysis written by John A. White and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-07-28 with Technology & Engineering categories.


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 Engineering Economics


Fundamentals Of Engineering Economics
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Author : Chan S. Park
language : en
Publisher: Pearson Prentice Hall
Release Date : 2009

Fundamentals Of Engineering Economics written by Chan S. Park and has been published by Pearson Prentice Hall this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Engineering economy categories.


This work offers a concise, but in-depth coverage of all fundamental topics of engineering economics.



Engineering Economics And Economic Design For Process Engineers


Engineering Economics And Economic Design For Process Engineers
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Author : Thane Brown
language : en
Publisher: CRC Press
Release Date : 2016-04-19

Engineering Economics And Economic Design For Process Engineers written by Thane Brown and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-19 with Science categories.


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



Designing Engineering And Technology Curricula


Designing Engineering And Technology Curricula
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Author : John Heywood
language : en
Publisher: Springer Nature
Release Date : 2022-06-01

Designing Engineering And Technology Curricula written by John Heywood and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-06-01 with Technology & Engineering categories.


The intention of this book is to demonstrate that curriculum design is a profoundly philosophical exercise that stems from perceptions of the mission of higher education. Since the curriculum is the formal mechanism through which intended aims are achieved, philosophy has a profound role to play in the determination of aims. It is argued that the curriculum is far more than a list of subjects and syllabi, or that it is the addition, and subtraction, of items from a syllabus, or whether this subject should be added and that subject taken away. This book explores how curricular aims and objectives are developed by re-examining the curriculum of higher education and how it is structured in the light of its increasing costs, rapidly changing technology, and the utilitarian philosophy that currently governs the direction of higher education. It is concluded that higher education should be a preparation for and continuing support for life and work, a consequence of which is that it has to equip graduates with skill in independent learning (and its planning), and reflective practice. A transdisciplinary curriculum with technology at its core is deduced that serves the four realities of the person, the job, technology, and society.



Philosophy And Engineering Education


Philosophy And Engineering Education
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Author : Russell Korte
language : en
Publisher: Morgan & Claypool Publishers
Release Date : 2022-02-23

Philosophy And Engineering Education written by Russell Korte and has been published by Morgan & Claypool Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-02-23 with Technology & Engineering categories.


Pragmatism attends to the practical outcomes of what we think and do, the social community in which we practice, and the bases of experience to inform our ideas and practices. Practice theories help explain what we do as complex systems of activity. Together, pragmatism and practice theories help broaden our understanding of the nature of engineering work as a social practice having important consequences for individuals and society. The practical nature of engineering embedded in our complex social and community systems is emphasized. Of all the pragmatists John Dewey's influence on education has been the most profound.He promoted social democracy in education. Although he founded experimental schools with this as their goal of major interest, to engineering educators his promotion of problem solving through a form of inquiry is his major attraction. Its modern embodiment is problem-based learning. It requires teachers to become facilitators of learning rather than transmitters of knowledge. How, within the framework of a traditionally oriented curriculum Dewey's epistemology of inquiry-based learning might be introduced is discussed. Lonergan's basic method of the human mind underlying specialized methods offers a basis for a unified theory and pedagogy of engineering. It also provides for a conception of engineering that gives due recognition to its ethical character and to the need for engineering virtues. This knowing-based view of engineering, focused on "engineering insight," provides the basis for a core, discipline-neutral approach to engineering.It proposes an engineering education centered on norms inherent to the knowing process, specifically attentiveness and intentionality. These norms in turn provide a source for defining and developing engineering virtues and character.



Generating Functions In Engineering And The Applied Sciences


Generating Functions In Engineering And The Applied Sciences
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Author : Rajan Chattamvelli
language : en
Publisher: Springer Nature
Release Date : 2022-05-31

Generating Functions In Engineering And The Applied Sciences written by Rajan Chattamvelli and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-05-31 with Technology & Engineering categories.


This is an introductory book on generating functions (GFs) and their applications. It discusses commonly encountered generating functions in engineering and applied sciences, such as ordinary generating functions (OGF), exponential generating functions (EGF), probability generating functions (PGF), etc. Some new GFs like Pochhammer generating functions for both rising and falling factorials are introduced in Chapter 2. Two novel GFs called "mean deviation generating function" (MDGF) and "survival function generating function" (SFGF), are introduced in Chapter 3. The mean deviation of a variety of discrete distributions are derived using the MDGF. The last chapter discusses a large number of applications in various disciplines including algebra, analysis of algorithms, polymer chemistry, combinatorics, graph theory, number theory, reliability, epidemiology, bio-informatics, genetics, management, economics, and statistics. Some background knowledge on GFs is often assumed for courses in analysis of algorithms, advanced data structures, digital signal processing (DSP), graph theory, etc. These are usually provided by either a course on "discrete mathematics" or "introduction to combinatorics." But, GFs are also used in automata theory, bio-informatics, differential equations, DSP, number theory, physical chemistry, reliability engineering, stochastic processes, and so on. Students of these courses may not have exposure to discrete mathematics or combinatorics. This book is written in such a way that even those who do not have prior knowledge can easily follow through the chapters, and apply the lessons learned in their respective disciplines. The purpose is to give a broad exposure to commonly used techniques of combinatorial mathematics, highlighting applications in a variety of disciplines.



Concise Introduction To Cement Chemistry And Manufacturing


Concise Introduction To Cement Chemistry And Manufacturing
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Author : Tadele Aragaw
language : en
Publisher: Springer Nature
Release Date : 2022-05-31

Concise Introduction To Cement Chemistry And Manufacturing written by Tadele Aragaw and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-05-31 with Technology & Engineering categories.


This book is designed to be used in an introductory sophomore-level undergraduate course in chemical engineering, civil engineering, industrial engineering, chemistry, and/or industrial chemistry. Senior-level students in resource development, soil science, and geology might also find this book useful. In addition, it is our hope that even advanced mathematics-oriented high school seniors might find the material easy to master as well. This book emphasizes concepts, definitions, chemical equations, and descriptions with which some chemical science professionals struggle. It stresses the importance of maintaining uniformly high standards in pure chemical science and manufacturing technology while still keeping in mind that procedures that might seem strange also yield results that prove effective.