Publisher: CRC Press, Taylor and Francis Publishers, Boca Raton, Florida
ISBN-13: 978-1-498-75085-1
Length: 448 Pages
Publication Date: December 2016

Features

Engineering Economics provides a simplified, easy to understand, straightforward approach to explaining engineering economics that is appropriate for members of all of the major engineering disciplines including aerospace, agricultural, biomedical, chemical, civil, electrical, industrial, mechanical, nuclear, petroleum, process, and systems.

It focuses on basic engineering economics formulas and their use for different types of engineering and construction projects.

Examines equivalent present worth, future worth, and uniform annual costs; rate of return and incremental rate of return; replacement analysis; breakeven comparisons, benefit/cost ratios, depreciation, and taxes and after tax economic analysis.

Each chapter contains definitions, explanations, formulas, example problems, case studies, and end-of-chapter problems.

Summary

This book provides a straightforward, easy to understand, approach to explaining engineering economics that is appropriate for members of all of the major engineering disciplines. It includes real world engineering economic analysis examples, and provides the basic knowledge required for engineers to be able to perform engineering economic analyses for potential alternative equipment, products, services, and projects in both the public and private sectors. It focuses on helping engineers master the basic engineering economics formulas and their use on different types of engineering and construction projects, and includes numerous example problems and real world case studies.

 

Table of Contents

Introduction. Time Value of Money, Interest, and Cash Flow Diagrams. Present Worth, Future Worth and Unknown Interest Rates. Annuities-Uniform Series. Arithmetic and Geometric Gradients. Multiple Factors in Engineering Economic Problems. Present Worth Capitalized Cost Analysis-Present Worth Method of Comparing Alternatives. Equivalent Uniform Annual Cost Comparison Method. Rate of Return Method for Comparing Alternatives. Replacement Analysis. Breakeven Analysis Comparison. Benefit/Cost Ratio Evaluations. Depreciation. Taxes and After Tax Economic Analysis.