Technology & Engineering

Fundamentals of Engineering Economic Analysis

Author: John A. White

Publisher: Wiley

ISBN:

Category: Technology & Engineering

Page: 624

View: 353

Fundamentals of Engineering Economic Analysis, 1st edition provides streamlined topical coverage with a modern and pedagogically-rich presentation. This text features a wealth of real-world vignettes to reinforce how students will use economics in their future careers as well as to drive student motivation and interest. An enlightening approach combined with strong digital offerings make the course manageable, equipping students with the knowledge they need as future engineers.
Technology & Engineering

Fundamentals of Engineering Economic Analysis

Author: John A. White

Publisher: Wiley

ISBN:

Category: Technology & Engineering

Page: 624

View: 250

This text is an unbound, binder-ready edition. Fundamentals of Engineering Economic Analysis, 1e provides streamlined topical coverage with a modern and pedagogically-rich presentation. This text features a wealth of real-world vignettes to reinforce how students will use economics in their future careers as well as to drive student motivation and interest. An enlightening approach combined with strong digital offerings make the course manageable, equipping students with the knowledge they need as future engineers.
Technology & Engineering

Fundamentals of Engineering Economics and Decision Analysis

Author: David Whitman

Publisher: Morgan & Claypool Publishers

ISBN:

Category: Technology & Engineering

Page: 205

View: 619

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
Business & Economics

Fundamentals of Engineering Economics, Chan S. Park, 2004

Author: Pearson Education, Inc

Publisher: Bukupedia

ISBN:

Category: Business & Economics

Page: 552

View: 310

Preface Engineering economics is one of the most practical subject matters in the engineering curriculum. but it is always challenging and an ever-changing discipline. Contemporary Engineering Economics (CEE) was first published in 1993, and since then we have tried to reflect changes in the business world in each new edition, along with the latest innovations in education and publishing. These changes have resulted in a better, more complete textbook, but one that is much longer than it was originally intended. This may present a problem: today, covering the textbook in a single term is increasingly difficult. Therefore, we decided to create Fundamentals of Engineering Economics (FEE) for those who like Fundanzentals but think a smaller, more concise textbook would better serve their needs. This text aims not only to provide sound and comprehensive coverage of the concepts of engineering economics, but also to address the practical concerns of engineering economics. More specifically, this text has the following goals: 1. To build a thorough understanding of the theoretical and conceptual basis upon which the practice of financial project analysis is built. 2. To satisfy the very practical needs of the engineer toward making informed financial decisions when acting as a team member or project manager for an engineering project. 3. To incorporate all critical decision-making tools-including the most contemporary, computer-oriented ones that engineers bring to the task of making informed financial decisions. 4. To appeal to the full range of engineering disciplines for which this course is often required: industrial, civil, mechanical, electrical, computer, aerospace, chemical, and manufacturing engineering, as well as engineering technology. This text is intended for use in the introductory engineering economics course. Unlike the larger textbook (CEE), it is possible to cover FEE in a single term, and perhaps even to supplement it with a few outside readings or cases. Although the chapters in FEE are arranged logically, they are written in a flexible, modular format. allowing instructors to cover the material in a different sequence. xvi PREFACE We decided to streamline the textbook by retaining the depth and level of rigor in CEE, while eliminating some less critical topics in each chapter. This resulted in reducing the total number of chapters by four chapters in two steps. Such core topics as the time value of money, measures of investment worth, development of project cash flows. and the relationship between risk and return are still discussed in great detail. First, we eliminated the three chapters on cost accounting, principles of investing, and capital budgeting. We address these issues in other parts of the textbook, but in less depth than was contained in the deleted chapters. Second, we consolidated the two chapters on depreciation and income taxes into one chapter, thus eliminating one more chapter. This consolidation produced some unexpected benefits-students understand depreciation and income taxes in the context of project cash flow analysis, rather than a separate accounting chapter. Third. moving the inflation material from late in the textbook to the end of the equivalence chapters enables students to understand better the nature of inflation in the context of time value of money. Fourth, the project cash flow analysis chapter (Chapter 9) is significantly streamlined-it begins with the definitions and classifications of various cost elements that will be a part of a project cash flow statement. Then. it presents the income tax rate to use in developing a project cash flow statement. It also presents the appropriate interest rate to use in after-tax economic analysis. Finally, it illustrates how to develop a project cash flow statement considering (1) operating activities, (2) investing activities, and (3) financing activities. Fifth, the handling project uncertainty chapter (Chapter 10) has been consolidated by introducing the risk-adjusted discount rate approach and investment strategies under uncertainty, but eliminating the decision-tree analysis. Finally, the chapter on understanding financial statements has been moved to the end of the book as a capstone chapter, illustrating that a corporation does not make a large-scale investment decision on an engineering project based on just profitability alone. It considers both the financial impact on the bottom-line of business as well as the market value of the corporation. FEE is significantly different from CEE, but most of the chapters will be familiar to users of CEE. Although we pruned some material and clarified, updated, and otherwise improved all of the chapters, FEE should still be regarded as an alternative version of CEE. Although FEE is a streamlined version of CEE, we did retain all of the pedagogical elements and supporting materials that helped make CEE so successful. Some of the features are: PREFACE xvii Each chapter opens with a real economic decision describing how an individual decision maker or actual corporation has wrestled with the issues discussed in the chapter. These opening cases heighten students' interest by pointing out the real-world relevance and applicability of what might otherwise seem to be dry technical material. There are a large number of end-of-chapter problems and exam-type questions varying in level of difficulty; these problems thoroughly cover the book's various topics. Most chapters contain a section titled "Short Case Studies with Excel," enabling students to use Excel to answer a set of questions. These problems reinforce the concepts covered in the chapter and provide students with an opportunity to become more proficient with the use of an electronic spreadsheet. The integration of computer use is another important feature of F~lndametztuls of Engineering Econortlics. Students have greater access to and familiarity with the various spreadsheet tools, and instructors have greater inclination either to treat these topics explicitly in the course or to encourage students to experiment independently. A remaining concern is that the use of computers will undermine true understanding of course concepts. This text does not promote the trivial or mindless use of computers as a replacement for genuine understanding of and skill in applying traditional solution methods. Rather, it focuses on the computer's productivityenhancing benefits for complex project cash flow development and analysis. Specifically, Fundatnentuls of Engineering Economics includes: A robust introduction to computer automation in the form of the Cash Flow Analyzer problem, which can be accessed from the book's website An introduction to spreadsheets using Microsoft Excel examples. For spreadsheet coverage, the emphasis is on demonstrating complex concepts that can be resolved much more efficiently on a computer than by traditional longhand solutions. The companion website ( ) has been created and maintained by the author.This text takes advantage of the Internet as a tool that has become an increasingly important resource medium used to access a variety of information on the Web. This website contains a variety of resources for both instructors and students, including sample test questions, supplemental problems, and various on-line financial calculators. As you type the address and click the open button, you will see the Fz~ndamentals of Engineering Economics Home Page (Figure PI). As you will note from the figure, several menus are available. Each menu item is explained as follows: Study Guides. Click this menu to find out what resource materials are available on the website. This site includes (1) sample text questions, (2) solutions to chapter problems, (3) interest tables, and (4) computer notes with Excel files of selected example problems in the text. .pap!,io~d elep 3!ruouo3a aa!luluasaldal ayl JO auros ale sa3!pu! 1so3 luauriCo1dura pue .sarn;i!~ ill!~!l3npord 'sa3!pu! a31~d~ aurnsuo:, ayl L~e~n3!i~u1e d.s puaq ale1 isalalu! lua3a1 isour ayl se IIaM se uoqerurojuy a3pd pue is03 sapnpu! uo!was s!~~sy~ eJr!IlII OUOJ~ .suo!le3!1qnd il~qmourp uv 'L~yaam 'ilpep pue 'shzau aug-uo olu! 21a11n0 s~asuap !a!p al!s ayl 'qaM ayl uo sIa1 -$no s~a[usp ueur~sn o!le,i 01 ssa~sea p!~o.tdu oqsas slru 'sMaN le!x~uru!a .saxel sule8 lel1de3 se IIa~fi se sa1npay3s uogepardap uo uo!~r?ur~o~alue!p -01-dn ~sorua yl pug I~MnolC os 'qa~ajy l uo salrs xel sno1.1eao1 pap~ao~alde syu!~'sa xel auroorr! aimed -103 se IlaM se ~euos~Baud! pnpu! 'uo!luruloju! xel8~!3ueys-~a,i8au !leu!ruas -s!p jo surlal u! asnoyBu!~ea~es sr? ai\.las [I!M uo!pas s!y_L .uo!yeurrojuI xe~ .Joyme ayl ilq pado~aaaps aiou alnpa~pu g osle 1p.liz noA.illa!lea u! se [[aM se aLun[oa u! papuedxa aq I~!M il.~e~q!als u3 ayl 'punoj lo padolaaap ale sauo MSU se Inq 'papr~olda q 111" sura1qold ase3 Ma3 e L~uok iC{[e~lru~ 'uo!le301 s!q~ le palsq s! sa!pnls ase3 ~!UIOUOS~u!~.1 aau!8ua pau3ysap -1IaM jo uor13a1103 v 'auryl ISJ!J ayl .IOJ lxal s!yl Idope oys~loi ~nl~s0u1! prr? ue se paprao~da le UIalshs Jalsauras e su ITaM se lipallenh e uo paseq Yaug -1no aslno3 'L11e3!dil~' uo!lu3o[ s~qul! punoj s! lxa3 s7!z~louon3B zl!naau?Suy SO s~viuauvpu?zaj yl yl!~as.1 1103 3!urou03a 2u!laau!8ua ue q3ea1 oq,n s~ol -nn.llsu! 01 Injasn uoyeurJoju! sapnpu! uoy3as s!.s~a~ ~nosa~ao y~n~pu~ .slndliio :,!rldr?.r2 papa~as lasn puc saInpour [euo!lelndwo:, JO iCe.r~e aalsualsa ue (5) pue 'suo1lr?3~~!poupr w ~ndu!e lsp loj lollpa MOLT qsc3 asn-01-Ass:, puc aIq!xaa e (I) sap~aoldI! pue ;ilq!q!xau pue a3uaruaauo3 loj ua,ipp nuaur s! $1 .s!s -iC~eu3~!r uouo3a jo sporl13u1 pasn iC1luanba.q lsou~a yl sapnpu! aleM1jos aqL .eaq u! uall!liM a8e~3uda le.uqos ~alndu10p3a lei8alu~u e s! laziileuv M~J I ysv3 ay_Z,.laula$uIa yl uo aIqeIyeae s.to~elnq-erI,e !sueu!j SIIO!J~A JO uo!lsa[103 e jz) p11e ~azd~euMvOI J yse3 e (I) sapnpu! u0!13as s!.S~[OO Ls !s~~[~uv -- r a r,?~: w oo. v ...it,> btn~n-, rds t u r n ~ ' PREFACE xix Money and Investing. This section provides a gateway to a variety of information useful to co~lductinge ngineering economic analysis. For example, a direct link is provided to the most up-to-date stock prices. options, and mutual funds performances. FEE includes several ancillary materials designed to enhance the student's learning experience, while making it easier for the instructor to prepare for and conduct classes. The ancillaries are described below. For Students Excel for Engineering Economics (supplement), containing information on how to use Excel for engineering economic studies and various Excel applications. Study Guides for F~~ndarnentalosf Engineering Ecorlomics (supplement), which contains more than 200 completely worked out solutions and guides on how to take the FE exam on engineering economics and sample test questions. For Instructors A comprehensive Instructor's Manlrnl that includes answers to end-of-chapter problems and Excel solutions to all complex problems and short case studies. A CD-ROM containing Powerpoint slides for lecture notes. the entire contents of the Instructor Manual in Word format, test questions, and Excel spreadsheet files. This book reflects the efforts of a great many individuals over a number of years. In particular, I would like to recognize the following individuals. whose reviews and comments have contributed to this edition. Once again, I would like to thank each of them: Richard V. Petitt, lJnited States Military Academy; James R. Smith, Tennessee Technological University; Bruce Hartsough, University of California at Davis; Iris V. Rivero, Texas Tech University; Donald R. Smith, Texas A&M University; Bruce McCann, University of Texas at Austin: Dolores Gooding, University of South Florida; and Stan Uryasev. University of Florida. Personally, I wish to thank the following individuals for their additional input to the new edition: Michael D. Park, McKinsey & Company, who read the entire manuscript and offered numerous and critical comments to improve the content of the book; Luke Miller, Yeji Jung and Edward Park, who helped me in preparing the Instructor's Manual: Junmo Yang, who helped me in developing the book website: Dorothy Marrero, my editor at Prentice Hall. who assumed responsibility for the overall project; and Scott Disanno, the production editor. who oversaw the entire book production. CHAN S. PARK Auburn, Alabama nderstandi
Business & Economics

Engineering Economic and Cost Analysis

Author: Courtland A. Collier

Publisher: Prentice Hall

ISBN:

Category: Business & Economics

Page: 712

View: 568

Engineering Economic and Cost Analysis, by Courtland A. Collier and Charles R. Glagola, is especially written for practicing engineers and those studying to become engineers. The third edition reflects the recent changes that have taken place in the field of engineering economy and continues to present the subject matter in a straightforward and practical manner. This book will help engineering students prepare for real-world situations and provide professionals with a valuable tool for how to implement cost analysis.Features: Addresses important concepts in civil engineering practice with numerous worked examples Provides a logical development of economic analysis principles in the first six chapters Promotes understanding of the relationship between time and money by providing numerous cash flow diagrams Covers advanced topics like equipment replacement and double gradients in more depth than competing books New to the Third Edition: Contains 165 revised examples and additional cash flow diagrams to provide greater opportunity for appreciating economic principles in practice Offers worked spreadsheet examples that allow readers to work problems with both conventional and computer methods Provides updated information for current tax laws
Science

Fundamentals of Nuclear Science and Engineering Second Edition

Author: J. Kenneth Shultis

Publisher: CRC Press

ISBN:

Category: Science

Page: 616

View: 973

Since the publication of the bestselling first edition, there have been numerous advances in the field of nuclear science. In medicine, accelerator based teletherapy and electron-beam therapy have become standard. New demands in national security have stimulated major advances in nuclear instrumentation.An ideal introduction to the fundamentals of nuclear science and engineering, this book presents the basic nuclear science needed to understand and quantify an extensive range of nuclear phenomena. New to the Second Edition— A chapter on radiation detection by Douglas McGregor Up-to-date coverage of radiation hazards, reactor designs, and medical applications Flexible organization of material that allows for quick reference This edition also takes an in-depth look at particle accelerators, nuclear fusion reactions and devices, and nuclear technology in medical diagnostics and treatment. In addition, the author discusses applications such as the direct conversion of nuclear energy into electricity. The breadth of coverage is unparalleled, ranging from the theory and design characteristics of nuclear reactors to the identification of biological risks associated with ionizing radiation. All topics are supplemented with extensive nuclear data compilations to perform a wealth of calculations. Providing extensive coverage of physics, nuclear science, and nuclear technology of all types, this up-to-date second edition of Fundamentals of Nuclear Science and Engineering is a key reference for any physicists or engineer.
Business & Economics

The Entrepreneurial Engineer

Author: Michael B. Timmons

Publisher: Cambridge University Press

ISBN:

Category: Business & Economics

Page: 492

View: 673

Written by teachers and successful entrepreneurs, this textbook includes guidance, instruction and practical lessons for the prospective entrepreneur.
Study Aids

Fundamentals of Engineering Examination Review 2001-2002 Edition

Author: Donald G. Newnan

Publisher: Dearborn Trade Publishing

ISBN:

Category: Study Aids

Page:

View: 189

This has everything you need to pass the test! From the only review book completely up-to-date with the 2001-2002 FE Exam. The "Fundamentals of Engineering Examination Review, 2001-2002 Edition, is perfect for anyone (students or engineers) preparing for the FE exam. It has been endorsed by a former Director of Exams from the NCEES. This review book describes exam structure, exam day strategies, exam scoring and how to pass rate statistics. All problems in SI units are in line with the new exam format. This review book covers all the topics on the FE exam, carefully matching the exam structure with: Mathematics, Statics, Dynamics, Mechanics of Materials, Fluid Mechanics, Thermodynamics, Electrical Circuits, Materials Engineering, Chemistry, Computers, Ethics, and Engineering Economy. Each chapter is written by an expert in the field, containing a thorough review of the topic as covered on the test, and ends with practice problems and detailed solutions. Includes a complete eight-hour sample exam with 120 morning (AM) questions, 60 general afternoon (PM) questions, and complete step-by-step solutions to all problems. 918 problems total: 60% text; 40% problems and solutions.
Technology & Engineering

Engineering Fundamentals: An Introduction to Engineering, SI Edition

Author: Saeed Moaveni

Publisher: Cengage Learning

ISBN:

Category: Technology & Engineering

Page: 702

View: 427

Specifically designed as an introduction to the exciting world of engineering, ENGINEERING FUNDAMENTALS: AN INTRODUCTION TO ENGINEERING encourages students to become engineers and prepares them with a solid foundation in the fundamental principles and physical laws. The book begins with a discovery of what engineers do as well as an inside look into the various areas of specialization. An explanation on good study habits and what it takes to succeed is included as well as an introduction to design and problem solving, communication, and ethics. Once this foundation is established, the book moves on to the basic physical concepts and laws that students will encounter regularly. The framework of this text teaches students that engineers apply physical and chemical laws and principles as well as mathematics to design, test, and supervise the production of millions of parts, products, and services that people use every day. By gaining problem solving skills and an understanding of fundamental principles, students are on their way to becoming analytical, detail-oriented, and creative engineers. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.