Engineering economy / / William G. Sullivan, Elin M. Wicks, C. Patrick Koelling ; global editions contributions by Anisha Sharma

• Autore: Sullivan William G. <1942->
• Pubblicazione: Upper Saddle River : , : Pearson, , [2014]; ©2014
• Edizione: Sixteenth edition, Global edition.
• Descrizione fisica: 1 online resource (706 pages) : illustrations (some color), tables, graphs, photographs
• Disciplina: 658.15
• Soggetto topico: Engineering economy
• Persona (resp. second.): WicksElin M; KoellingC. Patrick <1953->; SharmaAnisha
• Note generali: Includes index.
• Nota di contenuto: Cover -- Title Page -- Contents -- Preface -- Green Content -- CHAPTER 1 Introduction to Engineering Economy -- 1.1 Introduction -- 1.2 The Principles of Engineering Economy -- 1.3 Engineering Economy and the Design Process -- 1.4 Using Spreadsheets in Engineering Economic Analysis -- 1.5 Try Your Skills -- 1.6 Summary -- CHAPTER 2 Cost Concepts and Design Economics -- 2.1 Cost Terminology -- 2.2 The General Economic Environment -- 2.3 Cost-Driven Design Optimization -- 2.4 Present Economy Studies -- 2.5 CASE STUDY-The Economics of Daytime Running Lights -- 2.6 Try Your Skills -- 2.7 Summary -- Appendix 2-A Accounting Fundamentals -- CHAPTER 3 Cost-Estimation Techniques -- 3.1 Introduction -- 3.2 An Integrated Approach -- 3.3 Selected Estimating Techniques (Models) -- 3.4 Parametric Cost Estimating -- 3.5 CASE STUDY-Demanufacturing of Computers -- 3.6 Electronic Spreadsheet Modeling: Learning Curve -- 3.7 Try Your Skills -- 3.8 Summary -- CHAPTER 4 The Time Value of Money -- 4.1 Introduction -- 4.2 Simple Interest -- 4.3 Compound Interest -- 4.4 The Concept of Equivalence -- 4.5 Notation and Cash-Flow Diagrams and Tables -- 4.6 Relating Present and Future Equivalent Values of Single Cash Flows -- 4.7 Relating a Uniform Series (Annuity) to Its Present and Future Equivalent Values -- 4.8 Summary of Interest Formulas and Relationships for Discrete Compounding -- 4.9 Deferred Annuities (Uniform Series) -- 4.10 Equivalence Calculations Involving Multiple Interest Formulas -- 4.11 Uniform (Arithmetic) Gradient of Cash Flows -- 4.12 Geometric Sequences of Cash Flows -- 4.13 Interest Rates that Vary with Time -- 4.14 Nominal and Effective Interest Rates -- 4.15 Compounding More Often than Once per Year -- 4.16 Interest Formulas for Continuous Compounding and Discrete Cash Flows -- 4.17 CASE STUDY-Understanding Economic "Equivalence". ; 4.18 Try Your Skills -- 4.19 Summary -- CHAPTER 5 Evaluating a Single Project -- 5.1 Introduction -- 5.2 Determining the Minimum Attractive Rate of Return (MARR) -- 5.3 The Present Worth Method -- 5.4 The Future Worth Method -- 5.5 The Annual Worth Method -- 5.6 The Internal Rate of Return Method -- 5.7 The External Rate of Return Method† -- 5.8 The Payback (Payout) Period Method -- 5.9 Case Study-A Proposed Capital Investment to Improve Process Yield -- 5.10 Electronic Spreadsheet Modeling: Payback Period Method -- 5.11 Try Your Skills -- 5.12 Summary -- Appendix 5-A The Multiple Rate of Return Problem with the IRR Method -- CHAPTER 6 Comparison and Selection among Alternatives -- 6.1 Introduction -- 6.2 Basic Concepts for Comparing Alternatives -- 6.3 The Study (Analysis) Period -- 6.4 Useful Lives Are Equal to the Study Period -- 6.5 Useful Lives Are Unequal among the Alternatives -- 6.6 Personal Finances -- 6.7 Case Study-Ned and Larry's Ice Cream Company -- 6.8 Postevaluation of Results -- 6.9 Project Postevaluation Spreadsheet Approach -- 6.10 Try Your Skills -- 6.11 Summary -- CHAPTER 7 Depreciation and Income Taxes -- 7.1 Introduction -- 7.2 Depreciation Concepts and Terminology -- 7.3 The Classical (Historical) Depreciation Methods -- 7.4 The Modified Accelerated Cost Recovery System -- 7.5 A Comprehensive Depreciation Example -- 7.6 Introduction to Income Taxes -- 7.7 The Effective (Marginal) Corporate Income Tax Rate -- 7.8 Gain (Loss) on the Disposal of an Asset -- 7.9 General Procedure for MakingAfter-Tax Economic Analyses -- 7.10 Illustration of Computations of ATCFs -- 7.11 Economic Value Added -- 7.12 Try Your Skills -- 7.13 Summary -- CHAPTER 8 Price Changes and Exchange Rates -- 8.1 Introduction -- 8.2 Terminology and Basic Concepts -- 8.3 Fixed and Responsive Annuities -- 8.4 Differential Price Changes. ; 8.5 Spreadsheet Application -- 8.6 Foreign Exchange Rates and Purchasing Power Concepts -- 8.7 Case Study-Selecting Electric Motors to Power an Assembly Line -- 8.8 Try Your Skills -- 8.9 Summary -- CHAPTER 9 Replacement Analysis -- 9.1 Introduction -- 9.2 Reasons for Replacement Analysis -- 9.3 Factors that Must Be Consideredin Replacement Studies -- 9.4 Typical Replacement Problems -- 9.5 Determining the Economic Life of a NewAsset (Challenger) -- 9.6 Determining the Economic Life of a Defender -- 9.7 Comparisons in Which the Defender's Useful LifeDiffers from that of the Challenger -- 9.8 Retirement without Replacement (Abandonment) -- 9.9 After-Tax Replacement Studies -- 9.10 Case Study-Replacement of a Hospital's Emergency Electrical Supply System -- 9.11 Summary -- CHAPTER 10 Evaluating Projects with the Benefit−Cost Ratio Method -- 10.1 Introduction -- 10.2 Perspective and Terminology for AnalyzingPublic Projects -- 10.3 Self-Liquidating Projects -- 10.4 Multiple-Purpose Projects -- 10.5 Difficulties in Evaluating Public-Sector Projects -- 10.6 What Interest Rate Should Be Usedfor Public Projects? -- 10.7 The Benefit−Cost Ratio Method -- 10.8 Evaluating Independent Projects by B−C Ratios -- 10.9 Comparison of Mutually Exclusive Projectsby B−C Ratios -- 10.10 Case Study-Improving a Railroad Crossing -- 10.11 Summary -- CHAPTER 11 Breakeven and Sensitivity Analysis -- 11.1 Introduction -- 11.2 Breakeven Analysis -- 11.3 Sensitivity Analysis -- 11.4 Multiple Factor Sensitivity Analysis -- 11.5 Summary -- CHAPTER 12 Probabilistic Risk Analysis -- 12.1 Introduction -- 12.2 Sources of Uncertainty -- 12.3 The Distribution of Random Variables -- 12.4 Evaluation of Projects with DiscreteRandom Variables -- 12.5 Evaluation of Projects with ContinuousRandom Variables -- 12.6 Evaluation of Risk and Uncertaintyby Monte Carlo Simulation. ; 12.7 Performing Monte Carlo Simulationwith a Computer -- 12.8 Decision Trees -- 12.9 Real Options Analysis -- 12.10 Summary -- CHAPTER 13 The Capital Budgeting Process -- 13.1 Introduction -- 13.2 Debt Capital -- 13.3 Equity Capital -- 13.4 TheWeighted Average Cost of Capital (WACC) -- 13.5 Project Selection -- 13.6 Postmortem Review -- 13.7 Budgeting of Capital Investmentsand Management Perspective -- 13.8 Leasing Decisions -- 13.9 Capital Allocation -- 13.10 Summary -- CHAPTER 14 Decision Making Considering Multiattributes -- 14.1 Introduction -- 14.2 Examples of Multiattribute Decisions -- 14.3 Choice of Attributes -- 14.4 Selection of a Measurement Scale -- 14.5 Dimensionality of the Problem -- 14.6 Noncompensatory Models -- 14.7 Compensatory Models -- 14.8 Summary -- Appendix A Using Excel to Solve Engineering Economy Problems -- APPENDIX B Abbreviations and Notation -- Appendix C Interest and Annuity Tables for Discrete Compounding -- Appendix D Interest and Annuity Tables for Continuous Compounding -- Appendix E Standard Normal Distribution -- Appendix F Selected References -- Appendix G Solutions to Try Your Skills -- Index.
• Sommario/riassunto: Engineering Economy is intended for use in undergraduate introductory courses in Engineering Economics Used by engineering students worldwide, this best-selling text provides a sound understanding of the principles, basic concepts, and methodology of engineering economy. Built upon the rich and time-tested teaching materials of earlier editions, it is extensively revised and updated to reflect current trends and issues, with an emphasis on the economics of engineering design throughout. It provides one of the most complete and up-to-date studies of this vitally important field. MyEngineeringLab for Engineering Economy is a total learning package that is designed to improve results through personalized learning. MyEngineeringLab is an online homework, tutorial, and assessment program that truly engages students in learning. It helps students better prepare for class, quizzes, and exams-resulting in better performance in the course-and provides educators a dynamic set of tools for gauging individual and class progress. &nbsp.
• Titolo autorizzato: Engineering economy
• ISBN: 1-292-01947-6
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910151570503321
• Lo trovi qui: Univ. Federico II
• Serie: Always learning.