Engineering Economy - Applying Theory to Practice

This text introduces the basic theory and application of engineering economy. Designed to emphasize the strengths of traditional factors and of spreadsheet coverage, this book is an ideal text for undergraduate and beginning graduate-level engineering economy courses. It is also suitable for self-study by practicing engineers and for reference during the practice of engineering. This book continues to solidify its reputation as one of the most innovative, authoritative, and reliable texts in engineering economics. It provides the tools and concepts, including cost estimating, sensitivity analysis, probability, and multiple objectives, that are necessary to successfully apply engineering economy in industry practice outside of the classroom. Content: Front Matter • Preface • Table of Contents •Part I. Basic Concepts and Tools 1. Making Economic Decisions 2. The Time Value of Money 3. Equivalence - A Factor Approach 4. Spreadsheets and Economic Analysis •Part II. Analyzing a Project 5. Present Worth 6. Equivalent Annual Worth 7. Internal Rate of Return 8. Benefit/Cost Ratios and other Measures •Part III. Comparing Alternatives and Projects 9. Mutually Exclusive Alternatives 10. Replacement Analysis 11. Constrained Project Selection •Part IV. Enhancements for the Real World 12. Depreciation 13. Income Taxes 14. Public-Sector Engineering Economy 15. Inflation • Part V. Decision-Making Tools 16. Estimating Cash Flows 17. Sensitivity Analysis 18. Uncertainty and Probability 19. Multiple Objectives Appendices Index Contents of CD-ROM: Cases in Engineering Economy (2nd Edition)

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