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IEM 3513 - Engineering Decision Analysis (SU)
Prerequisite: MATH 2123. Quantitative equation of investment alternatives for non-engineering majors. The role of interest in economic equivalence and in formulating economic comparisons based on present worth, annual equivalent, rate of return and payout criteria. Accounting, depreciation and income tax considerations. Benefit-cost and cost-effectiveness analysis. Cost estimation and allowance for variance in estimates. Not available for credit in industrial engineering curriculum.
Monday, June 12, 2017 to Friday, August 4, 2017
Fundamental of Engineering Economic Analysis
John White, Kellie S. Grasman, Kenneth E. Case, Kim LaScola Needy and David B. Pratt
1st Edition, 2013
Publisher: John Wiley & Sons, Inc.
Cross-listed with IEM 3503 (CRN 41312)