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This best-selling book provides a sound understanding of the principles, basic concepts, and methodology of engineering economy. This user-friendly book is extensively revised and updated to reflect current trends and issues, with an emphasis on the economics of engineering design throughout. A useful reference for engineers interested in reviewing the basic principles of engineering economy.
Table of Contents
Introduction to engineering economy
Cost concepts and design economics
The time value of money
Evaluating a single project
Comparison and selection among alternatives
Depreciation and income taxes
Price changes and exchange rates
Evaluating projects with the benefit-cost ratio method
Breakeven and sensitivity analysis
Probabilistic risk analysis
The capital budgeting process
Decision making considering multiattributes
Using Excel to solve engineering economy problems
Abbreviations and notation
Interest and annuity tables for discrete compounding
Interest and annuity tables for continuous compounding
Standard normal distribution
Answers to selected problems
Table of Contents provided by Blackwell. All Rights Reserved.