Engineering Economy Applying Theory to Practice

by Eschenbach, Ted G.

• ISBN13: 9780195152616
• ISBN10: 0195152611
• Format: Hardcover
• Copyright: 2001-12-27
• Publisher: Oxford University Press

Summary

This innovative engineering economy text features spreadsheets, pedagogical graphs, and practical examples for immediate student and industry application. It combines the real-world orientation of Eschenbach's pioneering casebook, Cases in Engineering Economy , with the theoretical foundation of his second edition of Bussey's classic advanced text, The Economic Analysis of Industrial Projects . Eschenbach's Engineering Economy: Applying Theory to Practice thoroughly covers the basics of engineering economy that are included in every course and covered in the FE exam. It also includes the tools and concepts--such as cost estimating, sensitivity analysis, probability, and multiple objectives--that are needed to successfully apply engineering economy in industry practice outside the classroom. This text was designed to emphasize the strengths of traditional factors and of spreadsheet coverage.

Table of Contents

PART ONE BASIC CONCEPTS AND TOOLS	1	(112)
Making Economic Decisions	2	(18)
The Time Value Of Money	20	(24)
Equivalence---A Factor Approach	44	(36)
Geometric Gradients and Spreadsheets	80	(33)
PART TWO ANALYZING A PROJECT	113	(102)
Present Worth	114	(26)
Equivalent Annual Worth	140	(28)
Rate of Return	168	(26)
Benefit/Cost Ratios and Other Measures	194	(21)
PART THREE COMPARING PROJECTS AND ALTERNATIVES	215	(94)
Constrained Project Selection	216	(38)
Mutually Exclusive Alternatives	254	(28)
Replacement Analysis	282	(27)
PART FOUR ENHANCEMENTS FOR THE REAL WORLD	309	(128)
Depreciation	310	(32)
Income Taxes	342	(28)
Public Sector Engineering Economy	370	(30)
Inflation	400	(37)
PART FIVE DECISION-MAKING TOOLS	437	(116)
Estimating Cash Flows	438	(26)
Sensitivity Analysis	464	(28)
Uncertainty and Probability	492	(32)
Multiple Objectives	524	(29)
Appendix End-of-Period Compound Interest Tables	553	(32)
Index	585