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Engineering Economics Analysis 13th Edition Pdf
Details of Bigger Leaner Stronger
- Book Name: Bigger Leaner Stronger
- Authors: Mike and Matthews
- Pages: 408
- Genre: Fitness
- Publish Date: 13 January 2012
- Language: English
Book Review:
Introduction
Definition: applying economic analysis techniques to compare alternative engineering projects
► Subject matter of this text has many names
- Engineering economy
- Capital investment analysis
- Economic decision analysis
- Money received vs. money dispersed
- It has applications to both your personal and professional lives.
- The material covered in this class is frequently cited by the former students as the topics that they use the most in their engineering jobs.
Applications
A bottling company installed a conveyor system 10 years ago at the cost of $30,000. The company is considering replacing the system because maintenance costs have been increasing and new technology is available that will be less costly to operate and provide greater performance.
Applications
You and your spouse have just had a beautiful baby boy © You want to start saving for his college education now Given the rising costs of college, how much should you save each month to ensure you will have enough to fund his education in 18 years?
You have found your dream house, but you need to decide how to finance the purchase.
• This course has more application to your future than
most university courses
• It is essential that you keep up because future material builds on an understanding of previous material.
Engineers must
> Understand how money works in order to make a decision
Make decisions over the entire product life cycle (cradle to grave)
>Determine if a project is "economically viable" Choose the "best" project between multiple alternatives
Also read: Think And Grow Rich Book
Also read: The Love Hypothesis by Ali Hazelwood
Also read: She Stood by Me by Tarun Vikash
THANK YOU SO MUCH
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