Thoroughly revised in this second edition, Engineering Economy: Applying Theory to Practice combines real-world problems minicases, and examples with a solid theoretical foundation in engineering economy. This innovative book covers all the standard topics included in the Fundamentals of Engineering (FE) Exam. It clearly illustrates concepts and methods-such as cost estimating, sensitivity analysis, probability, and multiple objectives-needed for successful application of engineering economy in industry practice. In addition, fully integrated Excel® spreadsheets throughout the text function as indispensable analytical tools for problem-solving and understanding. Engineering Economy: Applying Theory to Practice, 2/e , is a comprehensive introductory text suitable for upper-division undergraduate courses, graduate courses, or as a professional reference. NEW TO THE SECOND EDITION: · Unique insight into using Excel® functions for MACRS depreciation · New problems, examples, references, illustrations, graphs, and tables · Minicase studies at the ends of most chapters · Improved coverage of replacement analysis, inflation, and sensitivity analysis · An appendix on engineering economy-based accounting · More accessible presentation of analyzing the defender in replacement problems · Discussion of geometric gradients unified with other engineering economy factors · Comparison of mutually exclusive alternatives now precedes the treatment of constrained project selection/capital budgeting STUDENT CD-ROM-INCLUDED IN EVERY BOOK · INTERACTIVE MULTIPLE-CHOICE PROBLEMS: A set of web-based problems that tests and reinforces knowledge of key concepts · EXCEL® SPREADSHEET PROGRAM: Twenty-nine generators create quasi-random problem sets and solutions INSTRUCTOR SUPPLEMENTS · A CD-ROM containing PowerPoint® overheads with accompanying Excel spreadsheets · A SOLUTIONS MANUAL including answers to end-of-chapter problems and mini-cases, and transparency masters for all exhibits