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Engineering Economy and the Decision-making Process

By (author) Joseph C. Hartman
Format: Hardback
Publisher: Pearson College Div, United States, United States
Imprint: Prentice Hall
Published: 11th Aug 2006
Dimensions: w 197mm h 241mm d 38mm
Weight: 1315g
ISBN-10: 0131424017
ISBN-13: 9780131424012
Barcode No: 9780131424012
Synopsis
For undergraduate, introductory courses in Engineering Economics. This text presents engineering economy in the context of a decision-making framework such that the student understands the necessary tools and their application. It begins with an introduction to the basics of engineering economy (interest, time-value-of-money, and equivalence), then explores the entire decision-making process, from defining the problem through post-implementation analysis, just as one would when building a case for management in order to make a capital investment decision.

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