Engineering Economy Student Text with OLC Passcode Card

by Blank, Leland T.; Tarquin, Anthony J.

• ISBN13: 9780072517149
• ISBN10: 007251714X
• Edition: 5th
• Format: Hardcover
• Copyright: 2001-08-14
• Publisher: McGraw Hill College Div

Summary

This student-friendly text on the current economic issues particular to engineering covers the topics needed to analyze engineering alternatives. Students use both hand-worked and spreadsheet solutions of examples, problems and case studies. In this edition the options have been increased with an expanded spreadsheet analysis component, twice the number of case studies, and virtually all new end-of-chapter problems. The chapters on factor derivation and usage, cost estimation, replacement studies, and after-tax evaluation have been heavily revised. New material is included on public sector projects and cost estimation. A reordering of chapters puts the fundamental topics up front in the text. Many chapters include a special set of problems that prepare the students for the Fundamentals of Engineering (FE) exam.

This text provides students and practicing professionals with a solid preparation in the financial understanding of engineering problems and projects, as well as the techniques needed for evaluating and making sound economic decisions. Distinguishing c

Table of Contents

I This is How It All Starts

1 Foundations of Engineering Economy

2 Factors: How Time and Interest Affect Money

3 Combining Factors

4 Nominal and Effective Interest Rates

II Tools for Evaluating Alternatives

5 Present Worth Analysis

6 Annual Worth Analysis

7 Rate of Return Analysis: Single Alternative

8 Rate of Return Analysis: Multiple Alternatives

9 Benefit/Cost Analysis and Public Sector Economics

10 Making Choices: the Method, MARR, and Multiple Attributes

III Making Decisions on Real-World Projects

11 Replacement and Retentions Decisions

12 Selection from Independent Projects Under Budget Limitation

13 Breakeven Analysis

IV Rounding Out the Study

14 Effects of Inflation

15 Cost Estimation and Indirect Cost Allocation

16 Depreciation Methods

17 After-Tax Economic Analysis

18 Formalized Sensitivity Analysis and Expected Value Decisions

19 More on Variation and Decision Making Under Risk

Appendixes

A Using Spreadsheets and Microsoft Excel(c)

B Basics of Accounting Reports and Business Ratios

C Answers to Selected End-of-Chapter Problems

Compound Interest Factor Tables

Bibliography

Index