Author : Joseph C. Hartman
Publisher : Prentice Hall
Page : 0 pages
File Size : 49,20 MB
Release : 2007
Category : Decision making
ISBN : 9780131424012
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.