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| fundamentals of engineering economics: Fundamentals of Engineering Economics Chan S. Park, 2009 This work offers a concise, but in-depth coverage of all fundamental topics of engineering economics. |
| fundamentals of engineering economics: Fundamentals of Engineering Economic Analysis John A. White, Kellie S. Grasman, Kenneth E. Case, Kim LaScola Needy, David B. Pratt, 2020-07-28 Fundamentals of Engineering Economic Analysis offers a powerful, visually-rich approach to the subject—delivering streamlined yet rigorous coverage of the use of economic analysis techniques in engineering design. This award-winning textbook provides an impressive array of pedagogical tools to maximize student engagement and comprehension, including learning objectives, key term definitions, comprehensive case studies, classroom discussion questions, and challenging practice problems. Clear, topically—organized chapters guide students from fundamental concepts of borrowing, lending, investing, and time value of money, to more complex topics such as capitalized and future worth, external rate of return, deprecation, and after-tax economic analysis. This fully-updated second edition features substantial new and revised content that has been thoroughly re-designed to support different learning and teaching styles. Numerous real-world vignettes demonstrate how students will use economics as practicing engineers, while plentiful illustrations, such as cash flow diagrams, reinforce student understanding of underlying concepts. Extensive digital resources now provide an immersive interactive learning environment, enabling students to use integrated tools such as Excel. The addition of the WileyPLUS platform provides tutorials, videos, animations, a complete library of Excel video lessons, and much more. |
| fundamentals of engineering economics: Fundamentals of Engineering Economics Chan S. Park, 2008 For Engineering Economics courses, found in departments of Industrial, Civil, Mechanical, and Electrical Engineering. From the author of the best-selling Contemporary Engineering Economics text, Fundamentals of Engineering Economics offers a concise, but in-depth coverage of all fundamental topics of Engineering Economics. |
| fundamentals of engineering economics: Fundamentals of Engineering Economics and Decision Analysis David Whitman, Ronald Terry, 2012-04-27 The authors cover two general topics: basic engineering economics and risk analysis in this text. Within the topic of engineering economics are discussions on the time value of money and interest relationships. These interest relationships are used to define certain project criteria that are used by engineers and project managers to select the best economic choice among several alternatives. Projects examined will include both income- and service-producing investments. The effects of escalation, inflation, and taxes on the economic analysis of alternatives are discussed. Risk analysis incorporates the concepts of probability and statistics in the evaluation of alternatives. This allows management to determine the probability of success or failure of the project. Two types of sensitivity analyses are presented. The first is referred to as the range approach while the second uses probabilistic concepts to determine a measure of the risk involved. The authors have designed the text to assist individuals to prepare to successfully complete the economics portions of the Fundamentals of Engineering Exam. Table of Contents: Introduction / Interest and the Time Value of Money / Project Evaluation Methods / Service Producing Investments / Income Producing Investments / Determination of Project Cash Flow / Financial Leverage / Basic Statistics and Probability / Sensitivity Analysis |
| fundamentals of engineering economics: Fundamentals of Economics for Applied Engineering S. Kant Vajpayee, MD Sarder, 2019-08-02 An easy-to-follow contemporary engineering economics text that helps making sound economic decisions without advanced mathematics. This one-semester introduction to the fundamentals of engineering economics provides an overview of the basic theory and mathematics underlying operational business decisions that engineering technology, engineering, and industrial technology students will face in the workplace. A basic knowledge of economics empowers a manager to balance costs with production. This new edition of Fundamentals of Economics for Engineering Technologists and Engineers is written in plain language. Concepts have been simplified and kept straightforward with an emphasis on how to apply economic principles. Practical examples as a tool for managing business data and giving detailed analysis of business operations. throughout the text make good use of Microsoft Excel templates, provided on the book’s companion website, for students. Chapter-end exercises provide discussion and multiple-choice questions along with numerical problems, and a solutions manual and instructor resources is given for adopting instructors. |
| fundamentals of engineering economics: Basics of Engineering Economy Leland Blank, Anthony Tarquin, 2007-10-11 This text covers the basic techniques and applications of engineering economy for all disciplines in the engineering profession. The writing style emphasizes brief, crisp coverage of the principle or technique discussed in order to reduce the time taken to present and grasp the essentials. The objective of the text is to explain and demonstrate the principles and techniques of engineering economic analysis as applied in different fields of engineering. This brief text includes coverage of multiple attribute evaluation for instructors who want to include non-economic dimensions in alternative evaluation and the discussion of risk considerations in the appendix, compared to Blanks comprehensive text, where these topics are discussed in two unique chapters. |
| fundamentals of engineering economics: Basics of Engineering Economy Leland T. Blank, Anthony J. Tarquin, 2014 Covers the basic techniques and applications of engineering economy for all disciplines in the engineering profession. This title explains and demonstrates the principles and techniques of engineering economic analysis as applied in different fields of engineering. |
| fundamentals of engineering economics: Engineering Economy Leland T. Blank, Anthony J. Tarquin, 2002 Publisher Description |
| fundamentals of engineering economics: Fundamentals of Systems Engineering C. Jotin Khisty, Jamshid Mohammadi, 2001 Based on the reality that today's engineers need a broad range of decision-making skills, this unique reference draws together--into a single comprehensive volume--all the fundamental principles of systems analysis (both hard and soft systems), economics (particularly microeconomics), probability, and statistics that engineers need to develop a rich, multifaceted perspective from which to tackle--and solve--complex engineering problems. The emphasis throughout is on presenting the fundamental concepts and their practical engineering applications, unobscured by complicated mathematics. Using a large number of worked examples, it integrates the power of quantitative analysis with the conceptual richness of capital budgeting and microeconomics into the elements of systems engineering. Coverage is broad-based and applicable for engineers in practically all branches of engineering. The Systems Approach. Problem Solving in Engineering & Planning. Basic Engineering Economics & Evaluation. Basic Micro Economics for Engineers & Planners. Principles of Probability (Probability Theory; Random Variables and Probability Distributions; Joint Probability Functions and Correlated Variables). Principles of Statistics (Estimation of Statistical Parameters and Testing Validity of Distribution Functions; Hypothesis Testing, Analysis of Variance, Regression and Correlation Analysis). Basic Hard Systems Engineering. Basic Soft Systems Thinking & Analysis. For Civil, Chemical, Electrical, Environmental, Mechanical, and Industrial Engineers, Urban Planners, Architects, and Construction Managers. |
| fundamentals of engineering economics: Engineering Money Richard Hill, George Solt, 2011-02-14 There are many text books about engineering design and some include project evaluation techniques. There are text books on accounting methods and yet others on business management. This book does not aim to replace these specialized texts but brings together the elements of these subjects that young engineers working in industry – particularly the construction industry and its customers – need to understand. Most engineers learn about money the hard way: by experience in the workplace. The authors having done this themselves recognized the gap in engineers’ education and set out to bridge it. This book is based on a 1996 course George Solt pioneered for final-year engineering undergraduates. The book is written in an approachable style and gives young engineers as well as mature engineers an insight into the way engineering businesses run, the importance of capital and the problems of cash flow. |
| fundamentals of engineering economics: Fundamentals of Engineering Economics Kal Renganathan Sharma, 2011-01-19 In today's rapidly changing global economy, business managers must have the tools and know-how to quickly evaluate the economic viability of potential solutions to engineering problems. An entire field of study has evolved to meet this need, yet there are few straightforward texts that outline the basics of engineering economics. Fundamentals of Engineering Economics is an accessible, comprehensive guide to the fundamental principles, concepts, and methods of engineering economics. Utilizing detailed case studies and exercises reflecting current trends and issues in economics, this book introduces students to a variety of key concepts, including estimation of the time value of money, evaluation of a single project, decision analysis, depreciation and taxes. This is an ideal textbook for Economic Analysis and Technical Applications students, or anyone seeking to gain an understanding of the core concepts of engineering economics. Fundamentals of Engineering Economics is organized into the following topical chapters: - Overview of Engineering Economy - Fixed and Variable Costs - Time Worth of Money - Five Methods for Evaluation of Capital Project - Comparison of Alternates and Decision Analysis - Depreciation and Replacement Analysis - Taxes, Tariffs, and Duties - Public Sector Initiatives and Benefit-to-Cost Ratio - Break-Even Analysis and Spider Plots Kal Renganathan Sharma serves as Adjunct Professor of Chemical Engineering at the Roy G. Perry College of Engineering at Prairie View A&M University. He received his B.Tech. from the Indian Institute of Technology (1985, Chennai, India) and his MS and Ph.D degrees from West Virginia University (1987, 1990, Morgantown, WV). All three degrees are in chemical engineering. Dr. Sharma is the author of 10 books, 4 book chapters, 21 journal articles, 528 conference papers and 108 other presentations. He is the recipient of several prestigious honors and awards, including the Outstanding Student of the Penultimate Year from the Rev. Brothers of St. Gabriel at RSK Higher Secondary School (Trichy, India) and an Honorary Fellowship from the Australian Institute of High Energetic Materials (Melbourne, Australia). |
| fundamentals of engineering economics: Study Guide, Fundamentals of Engineering Economics Chan S. Park, 2004 Includes more than 200 completely worked-out solutions and sample FE exam test questions. |
| fundamentals of engineering economics: Fundamentals of Power System Economics Daniel S. Kirschen, Goran Strbac, 2018-07-04 A new edition of the classic text explaining the fundamentals of competitive electricity markets—now updated to reflect the evolution of these markets and the large scale deployment of generation from renewable energy sources The introduction of competition in the generation and retail of electricity has changed the ways in which power systems function. The design and operation of successful competitive electricity markets requires a sound understanding of both power systems engineering and underlying economic principles of a competitive market. This extensively revised and updated edition of the classic text on power system economics explains the basic economic principles underpinning the design, operation, and planning of modern power systems in a competitive environment. It also discusses the economics of renewable energy sources in electricity markets, the provision of incentives, and the cost of integrating renewables in the grid. Fundamentals of Power System Economics, Second Edition looks at the fundamental concepts of microeconomics, organization, and operation of electricity markets, market participants’ strategies, operational reliability and ancillary services, network congestion and related LMP and transmission rights, transmission investment, and generation investment. It also expands the chapter on generation investments—discussing capacity mechanisms in more detail and the need for capacity markets aimed at ensuring that enough generation capacity is available when renewable energy sources are not producing due to lack of wind or sun. Retains the highly praised first edition’s focus and philosophy on the principles of competitive electricity markets and application of basic economics to power system operating and planning Includes an expanded chapter on power system operation that addresses the challenges stemming from the integration of renewable energy sources Addresses the need for additional flexibility and its provision by conventional generation, demand response, and energy storage Discusses the effects of the increased uncertainty on system operation Broadens its coverage of transmission investment and generation investment Updates end-of-chapter problems and accompanying solutions manual Fundamentals of Power System Economics, Second Edition is essential reading for graduate and undergraduate students, professors, practicing engineers, as well as all others who want to understand how economics and power system engineering interact. |
| fundamentals of engineering economics: Engineering Economics for Aviation and Aerospace Bijan Vasigh, Javad Gorjidooz, 2016-12-08 For all engineers and practitioners, it is essential to have a fundamental understanding of cost structure, estimating cash flows, and evaluating alternative projects and designs on an economic basis. Engineering Economics for Aviation and Aerospace provides the tools and techniques necessary for engineers to economically evaluate their projects and choices. The focus of this book is on a comprehensive understanding of the theory and practical applications of engineering economics. It explains and demonstrates the principles and techniques of engineering economics and financial analysis as applied to the aviation and aerospace industries. Time value of money, interest factors, and spreadsheet functions are used to evaluate the cash flows associated with a single project or multiple projects. The alternative engineering economics tools and techniques are utilized in separate chapters to evaluate the attractiveness of a single project or to select the best of multiple alternatives. Most of the engineering economics and financial mathematics books available in the market take either a pure theoretical approach or offer limited applications. This book incorporates both approaches, providing students of aviation and industrial economics, as well as practitioners, with the necessary mathematical knowledge to evaluate alternatives on an economic basis. |
| fundamentals of engineering economics: Engineering Economic Analysis Donald G. Newnan, 1991 |
| fundamentals of engineering economics: Contemporary Engineering Economics, Global Edition Chan S Park, 2016-01-08 For courses in engineering and economics Comprehensively blends engineering concepts with economic theory Contemporary Engineering Economics teaches engineers how to make smart financial decisions in an effort to create economical products. As design and manufacturing become an integral part of engineers’ work, they are required to make more and more decisions regarding money. The 6th Edition helps students think like the 21st century engineer who is able to incorporate elements of science, engineering, design, and economics into his or her products. This text comprehensively integrates economic theory with principles of engineering, helping students build sound skills in financial project analysis. The full text downloaded to your computer With eBooks you can: search for key concepts, words and phrases make highlights and notes as you study share your notes with friends eBooks are downloaded to your computer and accessible either offline through the Bookshelf (available as a free download), available online and also via the iPad and Android apps. Upon purchase, you'll gain instant access to this eBook. Time limit The eBooks products do not have an expiry date. You will continue to access your digital ebook products whilst you have your Bookshelf installed. |
| fundamentals of engineering economics: Fundamentals of Applied Reservoir Engineering Richard Wheaton, 2016-04-20 Fundamentals of Applied Reservoir Engineering introduces early career reservoir engineers and those in other oil and gas disciplines to the fundamentals of reservoir engineering. Given that modern reservoir engineering is largely centered on numerical computer simulation and that reservoir engineers in the industry will likely spend much of their professional career building and running such simulators, the book aims to encourage the use of simulated models in an appropriate way and exercising good engineering judgment to start the process for any field by using all available methods, both modern simulators and simple numerical models, to gain an understanding of the basic 'dynamics' of the reservoir –namely what are the major factors that will determine its performance. With the valuable addition of questions and exercises, including online spreadsheets to utilize day-to-day application and bring together the basics of reservoir engineering, coupled with petroleum economics and appraisal and development optimization, Fundamentals of Applied Reservoir Engineering will be an invaluable reference to the industry professional who wishes to understand how reservoirs fundamentally work and to how a reservoir engineer starts the performance process. - Covers reservoir appraisal, economics, development planning, and optimization to assist reservoir engineers in their decision-making. - Provides appendices on enhanced oil recovery, gas well testing, basic fluid thermodynamics, and mathematical operators to enhance comprehension of the book's main topics. - Offers online spreadsheets covering well test analysis, material balance, field aggregation and economic indicators to help today's engineer apply reservoir concepts to practical field data applications. - Includes coverage on unconventional resources and heavy oil making it relevant for today's worldwide reservoir activity. |
| fundamentals of engineering economics: Software Engineering Economics Barry W. Boehm, 1981 Software Engineering Economics is an invaluable guide to determining software costs, applying the fundamental concepts of microeconomics to software engineering, and utilizing economic analysis in software engineering decision making. |
| fundamentals of engineering economics: Handbook of Energy Economics and Policy Alessandro Rubino, Alessandro Sapio, Massimo La Scala, 2021-05-01 Handbook of Energy Economics and Policy: Fundamentals and Applications for Engineers and Energy Planners presents energy engineers and managers with analytical skills and concepts that enable them to apply simple economic logic to understand the interrelations between energy technologies, economics, regulation and governance of the industry. Sections cover the origins, types and measurement of energy sources, transportation networks, and regulatory and policy issues on electricity and gas at a global level, new economic and policy issues, including innovation processes in the energy industry and economic and policy implications. Final sections cover state-of-the-art methods for modeling and predicting the dynamics of energy systems. Its unique approach and learning path makes this book an ideal resource for energy engineering practitioners and researchers working to design, develop, plan or deploy energy systems. Energy planners and policymakers will also find this to be a solid foundation on which to base decisions. - Presents key-concepts and their interrelation with energy technologies and systems in a clear way for ready application during planning and deployment of energy technologies and systems - Includes global case studies covering a wide array of energy sources and regulatory models - Explores methodologies for modeling and forecasting the impacts of energy technologies and systems, as well as their costs and possible business models |
| fundamentals of engineering economics: Understanding Engineering Economy Khokiat Kengskool, 2019 |
| fundamentals of engineering economics: Principles of Engineering Economics with Applications Zahid A. Khan, Arshad N. Siddiquee, Brajesh Kumar, Mustufa H. Abidi, 2018-10-18 Delivers a comprehensive textbook for a single-semester course in engineering economics/engineering economy for undergraduate engineering students. |
| fundamentals of engineering economics: Advanced Engineering Economics Chan S. Park, Gunter P. Sharp, 2021-06-02 Advanced Engineering Economics, Second Edition, provides an integrated framework for understanding and applying project evaluation and selection concepts that are critical to making informed individual, corporate, and public investment decisions. Grounded in the foundational principles of economic analysis, this well-regarded reference describes a comprehensive range of central topics, from basic concepts such as accounting income and cash flow, to more advanced techniques including deterministic capital budgeting, risk simulation, and decision tree analysis. Fully updated throughout, the second edition retains the structure of its previous iteration, covering basic economic concepts and techniques, deterministic and stochastic analysis, and special topics in engineering economics analysis. New and expanded chapters examine the use of transform techniques in cash flow modeling, procedures for replacement analysis, the evaluation of public investments, corporate taxation, utility theory, and more. Now available as interactive eBook, this classic volume is essential reading for both students and practitioners in fields including engineering, business and economics, operations research, and systems analysis. |
| fundamentals of engineering economics: Wind Energy Mathew Sathyajith, 2006-03-14 Growing energy demand and environmental consciousness have re-evoked human interest in wind energy. As a result, wind is the fastest growing energy source in the world today. Policy frame works and action plans have already been for- lated at various corners for meeting at least 20 per cent of the global energy - mand with new-renewables by 2010, among which wind is going to be the major player. In view of the rapid growth of wind industry, Universities, all around the world, have given due emphasis to wind energy technology in their undergraduate and graduate curriculum. These academic programmes attract students from diver- fied backgrounds, ranging from social science to engineering and technology. Fundamentals of wind energy conversion, which is discussed in the preliminary chapters of this book, have these students as the target group. Advanced resource analysis tools derived and applied are beneficial to academics and researchers working in this area. The Wind Energy Resource Analysis (WERA) software, provided with the book, is an effective tool for wind energy practitioners for - sessing the energy potential and simulating turbine performance at prospective sites. |
| fundamentals of engineering economics: Engineering Managerial Economic Decision and Risk Analysis Teddy Steven Cotter, 2021-11-18 This book directs the engineering manager or the undergraduate student preparing to become an engineering manager, who is or will become actively engaged in the management of economic-risk trade-off decisions for engineering investments within an organizational system. In today’s global economy, this may mean managing the economic risks of engineering investments across national boundaries in international organizations, government, or service organizations. As such, this is an applied book. The book’s goal is to provide an easy to understand, up to date, and coherent treatment of the management of the economic-risk trade-offs of engineering investments. This book accomplishes this goal by cumulatively sequencing knowledge content from foundational economic and accounting concepts to cost estimating to the traditional engineering economics knowledge culminating in fundamental engineering managerial economic decision-making incorporating risk into engineering management economic decisions. |
| fundamentals of engineering economics: An Introduction to Engineering Economics Institution of Civil Engineers (Great Britain), 1969 General considerations; Application of project appraisal techniques; Budgetary problems and financial planning. |
| fundamentals of engineering economics: Fundamentals of Engineering Economic Analysis, 1e Binder Ready Version + WileyPLUS Registration Card John A. White, Kellie S. Grasman, Kenneth E. Case, Kim LaScola Needy, David B. Pratt, 2013-09-10 This package includes a three-hole punched, loose-leaf edition of ISBN 9781118633779 and a registration code for the WileyPLUS course associated with the text. Before you purchase, check with your instructor or review your course syllabus to ensure that your instructor requires WileyPLUS. For customer technical support, please visit http://www.wileyplus.com/support. WileyPLUS registration cards are only included with new products. Used and rental products may not include WileyPLUS registration cards. Fundamentals of Engineering Economic Analysis provides streamlined topical coverage with a modern and pedagogically-rich presentation. This text features a wealth of real-world vignettes to reinforce how students will use economics in their future careers as well as to drive student motivation and interest. An enlightening approach combined with strong digital offerings make the course manageable, equipping students with the knowledge they need as future engineers. |
| fundamentals of engineering economics: Engineering Economics James L. Riggs, 1998 The fourth edition of this text has streamlined the material into 15 chapters. The sequence flows through fundamentals required for economic analysis, structural procedures for performing those analyses, specific considerations for the public sector, depreciation and income tax considerations, inflation considerations, advanced concepts, including risk and decision. An emphasis on a clear writing style with numerous examples and review exercises offsets traditional ideas that the subject matter can be dull. |
| fundamentals of engineering economics: ENGINEERING ECONOMICS R. PANNEERSELVAM, 2013-10-21 Designed as a textbook for undergraduate students in various engineering disciplines—Mechanical, Civil, Industrial Engineering, Electronics Engineer-ing and Computer Science—and for postgraduate students in Industrial Engineering and Water Resource Management, this comprehensive and well-organized book, now in its Second Edition, shows how complex economic decisions can be made from a number of given alternatives. It provides the managers not only a sound basis but also a clear-cut approach to making decisions. These decisions will ultimately result in minimizing costs and/or maximizing benefits. What is more, the book adequately illustrates the concepts with numerical problems and Indian cases. While retaining all the chapters of the previous edition, the book adds a number of topics to make it more comprehensive and more student friendly. What’s New to This Edition • Discusses different types of costs such as average cost, recurring cost, and life cycle cost. • Deals with different types of cost estimating models, index numbers and capital allowance. • Covers the basics of nondeterministic decision making. • Describes the meaning of cash flows with probability distributions and decision making, and selection of alternatives using simulation. • Discusses the basic concepts of Accounting. This book, which is profusely illustrated with worked-out examples and a number of diagrams and tables, should prove extremely useful not only as a text but also as a reference for those offering courses in such areas as Project Management, Production Management, and Financial Management. |
| fundamentals of engineering economics: Fundamentals of Sustainability in Civil Engineering Andrew Braham, Sadie Casillas, 2020-12-20 This book provides a foundation to understand the development of sustainability in civil engineering, and tools to address the three pillars of sustainability: economics, environment, and society. It includes case studies in the five major areas of civil engineering: environmental, structural, geotechnical, transportation, and construction management. This second edition is updated throughout and adds new chapters on construction engineering as well as an overview of the most common certification programs that revolve around environmental sustainability. Features: Updated throughout and adds two entirely new chapters Presents a review of the most common certification programs in sustainability Offers a blend of numerical and writing-based problems, as well as numerous application-based examples that utilize concepts found on the Fundamentals of Engineering (FE) exam Includes several practical case studies Offers a solution manual for instructors Fundamentals of Sustainability in Civil Engineering is intended for upper-level civil engineering sustainability courses. A unique feature is that concepts found in the Fundamentals of Engineering (FE) exam were targeted to help senior-level students refresh and prepare. |
| fundamentals of engineering economics: Engineering Economics James L. Riggs, 1982 |
| fundamentals of engineering economics: Basics of Engineering Turbulence David Ting, 2016-02-23 Basics of Engineering Turbulence introduces flow turbulence to engineers and engineering students who have a fluid dynamics background, but do not have advanced knowledge on the subject. It covers the basic characteristics of flow turbulence in terms of its many scales. The author uses a pedagogical approach to help readers better understand the fundamentals of turbulence scales, especially how they are derived through the order of magnitude analysis. This book is intended for those who have an interest in flowing fluids. It provides some background, though of limited scope, on everyday flow turbulence, especially in engineering applications. The book begins with the 'basics' of turbulence which is necessary for any reader being introduced to the subject, followed by several examples of turbulence in engineering applications. This overall approach gives readers all they need to grasp both the fundamentals of turbulence and its applications in practical instances. - Focuses on the basics of turbulence for applications in engineering and industrial settings - Provides an understanding of concepts that are often challenging, such as energy distribution among the turbulent structures, the effective diffusivity, and the theory behind turbulence scales - Offers a user-friendly approach with clear-and-concise explanations and illustrations, as well as end-of-chapter problems |
| fundamentals of engineering economics: Fundamentals of Engineering FE Civil All-in-One Exam Guide Indranil Goswami, 2018-03-23 This highly effective study guide offers 100% coverage of every subject on the FE Civil examThis self-study resource contains all of the information you need to prepare for and pass the challenging FE Civil exam on the first try. The book features clear explanations of every topic on the exam as well as hands-on exam strategies and accurate practice problems with fully worked solutions.Organized to follow the order of the official exam syllabus, the book includes references to the official FE Reference Handbook along with tips on how to utilize that resource during the exam itself. Written by a leading civil engineering educator and exam coach, Fundamentals of Engineering FE Civil All-in-One Exam Guide helps you pass the exam with ease.•Contains complete coverage of all objectives for the FE Civil exam•Follows the exact order of the official exam syllabus •Written by an experienced educator and researcher |
| fundamentals of engineering economics: Fundamentals of Space Business and Economics Ozgur Gurtuna, 2013-04-16 This book provides an overview of key topics related to space business and management. Case studies and an integrative section are included to illustrate the fundamental concepts and to build intuition. Key topics in the field, such as risk management and cost management, are covered in detail. |
| fundamentals of engineering economics: Fundamentals of Engineering Economic Analysis John A. White, Kellie S. Grasman, Kenneth E. Case, Kim LaScola Needy, David B. Pratt, 2020 We are pleased to present Fundamentals of Engineering Eco- nomic Analysis 2nd edition, a fully up to date text to serve an undergraduate engineering economics course. Building upon the successful award-winning first edition, the new text continues to offer a streamlined delivery of engineering econ fundamentals. In its first edition, the text was carefully opti- mized to serve a 1- semester, 1-3 credit-hour course without sacrificing rigor or essential content. The core content and approach of Fundamentals of Engineering Economic Anal- ysis are built on the strong foundation of Principles of Engi- neering Economic Analysis, now in its sixth edition, by John A. White, Kenneth E. Case, and David B. Pratt. As such, the content has been thoroughly and successfully class-tested, and reflects decades' worth of accuracy checking-- |
| fundamentals of engineering economics: Fundamentals of Economics for Applied Engineering S. Kant Vajpayee, MD Sarder, 2019-08-02 An easy-to-follow contemporary engineering economics text that helps making sound economic decisions without advanced mathematics. This one-semester introduction to the fundamentals of engineering economics provides an overview of the basic theory and mathematics underlying operational business decisions that engineering technology, engineering, and industrial technology students will face in the workplace. A basic knowledge of economics empowers a manager to balance costs with production. This new edition of Fundamentals of Economics for Engineering Technologists and Engineers is written in plain language. Concepts have been simplified and kept straightforward with an emphasis on how to apply economic principles. Practical examples as a tool for managing business data and giving detailed analysis of business operations. throughout the text make good use of Microsoft Excel templates, provided on the book’s companion website, for students. Chapter-end exercises provide discussion and multiple-choice questions along with numerical problems, and a solutions manual and instructor resources is given for adopting instructors. |
| fundamentals of engineering economics: Applied Engineering Economics Using Excel Merwan Mehta, 2014-10 This must-have textbook for students in mechanical, civil, and electrical engineering departments addresses issues not sufficiently covered by existing engineering economics texts. Clearly presenting fundamental concepts that engineering students need to master in one semester, the author effectively applies an incremental learning method, starting with resolving personal financial matters and gradually progressing to the complexities of engineering economic calculations. Ample practical examples and exercises with answers at the end of each chapter teach students to solve problems using Microsoft Excel without the need for calculus. Future engineers also will gain valuable skills such as the ability to effectively communicate the results of their analyses to financial professionals. |
| fundamentals of engineering economics: Schaums Outline of Engineering Economics Jose A. Sepulveda, William E. Souder, Byron S. Gottfried, 1984-06-22 Algebraic relationships and solution procedures. Discrete, periodic compounding. Continuous compounding. |
| fundamentals of engineering economics: Fundamentals of Technology Chenxu Yu, Thomas Brumm, 2017-12-31 Fundamentals of Technology is a foundational text for engineering and technology students. The clean, clear writing style supports readers as they engage with content on the fundamentals of mechanical, electrical, and thermal systems as well as the basics of scientific measurements, data representation and analysis, and unit conversions. Specific topics covered include systematic and random error, physical quantities and their dimensions, scalars and vectors, electrical conductor design, ventilation, power trains and data description and presentation. Of special note is the final chapter, which discusses the fundamentals of engineering economics - the time value of money and comparing economic alternatives. Each well-organized chapter begins with a clear statement of learning objectives to help readers focus and an introduction to the chapter content that supports reading preparation. Fundamentals of Technology is practical, applicable, and accessible, and an excellent textbook choice for engineering programs. Chenxu Yu holds a Ph.D. in biological systems engineering with a minor in computer science from the University of Wisconsin, Madison. He is an associate professor in the Department of Agricultural and Biosystems Engineering at Iowa State University, where his research focuses on bionanotechnology and biosensor development, and their applications in biomedical diagnosis and food and water safety. Thomas Brumm earned his Ph.D. in agricultural engineering with a minor in chemical engineering at Iowa State University where he is now an engineering professor and the associate director of the Iowa State University Center for Sustainable Rural Livelihoods. Dr. Brumm researches post-harvest systems to ensure food security and how to eliminate inefficiencies in biorefineries for biomass storage. |
| fundamentals of engineering economics: Essentials of Engineering Economic Analysis Donald G. Newnan, Jerome P. Lavelle, Ted G. Eschenbach, 2002 Essentials of Engineering Economic Analysis, Second Edition, includes the first twelve chapters of the best-selling textbook Engineering Economic Analysis, Eighth Edition, (0-19-515152-6) by Donald G. Newnan, Jerome P. Lavelle, and Ted G. Eschenbach. This compact version introduces the fundamental concepts of engineering economics and covers essential time value of money principles for engineering projects. It isolates the problems and decisions engineers commonly face and examines the necessary tools for analyzing and solving those problems. Revised in 2001, the second edition focuses on the use of spreadsheets, teaching students to use the enormous capabilities of modern software. The majority of the chapters conclude with sections designed to help students create spreadsheets based on the material covered in each chapter. (The book's organization allows omission of spreadsheet instruction without loss of continuity.) This emphasis on spreadsheet computations provides excellent preparation for real-life engineering economic analysis problems. New Features . Over sixty-five new homework problems added to the ends of chapters . Improved content and readability . Greater emphasis on the use of spreadsheets in real-life situations . Chapter 2, Engineering Costs and Cost Estimating--an entirely new chapter suggested by adopters--answers the question, Where do the numbers come from? . An increased focus on the MACRS depreciation method with a new section on recaptured depreciation and asset disposal . An updated section on after-tax replacement efforts in Chapter 12, Replacement Analysis Supplements . Solutions Manual for Engineering Economic Analysis. This 350-page manual has been revised and checked by the authors for accuracy; all end-of-chapter problems are fully solved by the authors. Available free to adopting professors. (ISBN 1-57645-052-X) . Compound Interest Tables. A separate 32-page pamphlet with the compound interest tables from the textbook. Classroom quantities are free to adopting professors. (ISBN 0-910554-08-0) . Exam Files. Fourteen quizzes prepared by the authors test student knowledge of chapter content. Available free in electronic format to adopting professors. Call 1-800-280-0280 or send an email to college@oup-usa.org. . Instructor Lecture Notes and Overhead Transparencies. Available free in electronic format to adopting professors. Call 1-800-280-0280 or send an email to college@oup-usa.org. . Student's Quick Study Guide: Engineering Economic Analysis. This 320-page book features a 32-page summary of engineering economy, followed by 386 problems, each with detailed solutions. Available for purchase only. (ISBN 1-57645-050-3) |
| fundamentals of engineering economics: Principles of Engineering Economy Eugene Lodewick Grant, William Grant Ireson, Richard S. Leavenworth, 1982 The Eighth Edition of the standard engineering economy text and reference explains the principles and techniques needed for making decisions about the acquisition and retirement of capital goods by industry and government, as well as alternative types of financing and other applications. Arranged in four parts: basic concepts, principles, and mathematics; procedures and methods for evaluating alternatives; techniques for handling special situations; and special applications. Introduces the use of computers and spreadsheets in evaluating engineering alternatives. Includes up-to-date coverage of federal tax legislation, extensive discussions and problems dealing with personal finance, and material on handling multiple alternatives by rate of return and benefit/cost ratio methods. Contains numerous examples and 476 problems, many entirely new. Accompanied by a complete solutions manual for the instructor. |
FUNDAMENTAL Definition & Meaning - Merriam-Webster
The meaning of FUNDAMENTAL is serving as a basis supporting existence or determining essential structure or function : basic. How to use fundamental in a sentence. Synonym …
FUNDAMENTALS | English meaning - Cambridge Dictionary
The fundamentals include modularity, anticipation of change, generality and an incremental approach.
FUNDAMENTALS definition and meaning | Collins English …
The fundamentals of something are its simplest, most important elements, ideas, or principles, in contrast to more complicated or detailed ones.
FUNDAMENTAL Definition & Meaning | Dictionary.com
noun a basic principle, rule, law, or the like, that serves as the groundwork of a system; essential part. to master the fundamentals of a trade.
Fundamentals - definition of fundamentals by The Free Dictionary
Fundamentals (See also ESSENCE.) down to bedrock Down to basics or fundamentals; down to the essentials. Bedrock is literally a hard, solid layer of rock underlying the upper strata of soil …
fundamental - Wiktionary, the free dictionary
May 17, 2025 · fundamental (plural fundamentals) (generic, singular) A basic truth, elementary concept, principle, rule, or law. An individual fundamental will often serve as a building block …
FUNDAMENTALS definition | Cambridge English Dictionary
fundamentals of It's important for children to be taught the fundamentals of science. Share prices have risen across Asia as fundamentals improve. Global uncertainty is unlikely to become …
Fundamental - Definition, Meaning & Synonyms
Fundamental has its roots in the Latin word fundamentum, which means "foundation." So if something is fundamental, it is a key point or underlying issue — the foundation, if you will — …
FUNDAMENTAL | English meaning - Cambridge Dictionary
fundamental principle The school is based on the fundamental principle that all children should reach their full potential. of fundamental importance Diversity is of fundamental importance to …
Fundamentals - Definition, Meaning & Synonyms
Definitions of fundamentals noun principles from which other truths can be derived “first you must learn the fundamentals ” synonyms: basic principle, basics, bedrock, fundamental principle …
FUNDAMENTAL Definition & Meaning - Merriam-Webster
The meaning of FUNDAMENTAL is serving as a basis supporting existence or determining essential structure or function : basic. How …
FUNDAMENTALS | English meaning - Cambridge Dictionary
The fundamentals include modularity, anticipation of change, generality and an incremental approach.
FUNDAMENTALS definition and meaning | Collins English Dictionary
The fundamentals of something are its simplest, most important elements, ideas, or principles, in contrast to more complicated …
FUNDAMENTAL Definition & Meaning | Dictionary.com
noun a basic principle, rule, law, or the like, that serves as the groundwork of a system; essential part. to master the fundamentals …
Fundamentals - definition of fundamentals by The Free Diction…
Fundamentals (See also ESSENCE.) down to bedrock Down to basics or fundamentals; down to the essentials. Bedrock is literally a …
