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内容简介:
This student-friendly text on the current economic issues particular to engineering covers the topics needed to analyze engineering alternatives. Students use both hand-worked and spreadsheet solutions of examples, problems and case studies. In this edition the options have been increased, with an expanded spreadsheet analysis component, twice the number of case studies, and virtually all new end-of-chapter problems. The chapters on factor derivation and usage, cost estimation, replacement studies, and after-tax evaluation have been heavily revised. New material is included on public sector projects and cost estimation. A reordering of chapters puts the fundamental topics up front in the text. Many chapters include a special set of problems that prepare the students for the Fundamentals of Engineering (FE) exam.
This college-level text provides students and practicing professionals with a solid preparation in the financial understanding of engineering problems and projects, as well as the techniques needed for evaluating and making sound economic decisions. Distinguishing characteristics include learning objectives for each chapter, an easy-to-read writing style, many solved examples, integrated spreadsheets, and case studies throughout the text. Graphical cross-referencing between topics and quick-solve spreadsheet solutions are indicated in the margins throughout the text. While the chapters are progressive, over three-quarters can stand alone, allowing instructors flexibility for meeting course needs. A complete online learning center (OLC) offers supplemental practice problems, spreadsheet exercises, and review questions for the Fundamentals of Engineering (FE) exam.
书籍目录:
Preface
LEVEL ONE THIS IS HOW IT ALL STARTS
Chapter 1 Foundations of Engineering Economy
1.1 why Engineering Economy Is Important to Engineers(and Other Professionals)
1.2 Role of Engineering Economy in Decision Making
1.3 Performing an Engineering Economy Study
1.4 Interest Rate and Rate of Return
1.5 Equivalence
1.6 Simple and Compound Interest
1.7 Terminology and Symbols
1.8 Introduction to Solution by Computer
1.9 Minimum Attractive Rate of Return
1.10 Cash Flows:Their Estimation and Diagramming
1.11 Rule of 72:Estimating Doubling Time and Interest Rate
1.12 Spreadsheet Application-Simple and Compound Interest,and Changing
Cash Flow Estimates
Additional Examples
Problems
FE Review Problems
Extended Exercise—Effects of Compound Interest
Case Study—Describing Alternatives for Producing Refrigerator Shells
Chapter 2 Factors:How Time and Interest Affect Money
2.1 Single-payment Factors(F/P and P/F)
2.2 Uniform-Series Present Worth Factor and Capital Recovery Factor(P/A and A/P)
2.3 Sinking Fund Factor and Uniform-Series Compound Amount Factor(A/F and F/A)
2.4 Interpolation in Interest Tables
2.5 Arithmetic Gradient Factors(P/G and A/G)
2.6 Geometric Gradient Series Factors
2.7 Determination of and Unknown Interest Rate
2.8 Determination of Unknown Number of Years
2.9 Spreadsheet Application—Basic Sensitivity Analysis
Additional Example
Problems
FE Review Problems
Case Study—What a Difference the Years and Compound Interest Can Make
Chapter 3 Combining Factors
3.1 Calculations for Uniform Seres That are Shifted
3.2 Calculations Involving Uniform-Series and Randomly Placed Single Amounts
3.3 Calculations for Shifted Gradients
3.4 Shifted Decreasing Arithmetic Gradients
3.5 Spreads Application—Using Different Functions
……
LEVEL TWO TOOLS FOR EVALUATING ALTERNATIVES
LEVEL THREE MAKING DECISIONS ON REAL-WORLD PROJECTS
LEVEL FOUR ROUNDING OUT THE STUDY
Appendix A Using Spreadsheets and Microsoft Excel
Appendix B Basics of Accounting Reports and Business Ratios
Appendix C Final Answers to Selected End-of-Chapter Problems
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