Engineering Economics
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ENGINEERING ECONOMICS
Author: R. PANNEERSELVAM
language: en
Publisher: PHI Learning Pvt. Ltd.
Release Date: 2001-01-01
Designed as a text book for undergraduate students in various engineering disciplines - mechanical, civil and industrial engineering - and for postgraduate students in industrial engineering and water resource management, this comprehensive and well-organized book 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 decision making. These decisions will ultimately result in minimizing costs and/or maximizing benefits to their organizations. What is more, the book adequately illustrates these approaches with numerical problems and Indian cases. After giving an overview of the subject, the text discusses, in a simple and easy-to-read style, such topics as interest formulas and their applications, methods like present worth method of comparison, future worth method, annual equivalent method, rate of return method, and evaluation of public alternatives. Besides, it deals with depreciation, inflation adjusted decisions, and inventory control. Finally, the book analyzes other important areas, for instance, make or buy decision, project management, value analysis/value engineering, and linear programming. A distinguishing feature of the book is that it has an Appendix on interest tables for a wide range of interest rates (0.25% - 50%) and for a period ranging from one year to 100 years. This book, which is profusely illustrated with worked-out examples and diagrams, should prove extremely useful not only as a text book but also as a reference for those offering courses in such management areas as project management, production management and financial management.
Chemical Engineering Economics
least, the author wishes to thank his constantly helpful wife Maggie and his secretary Pat Weimer; the former for her patience, encouragement, and for acting as a sounding-board, and the latter who toiled endlessly, cheerfully, and most competently on the book's preparation. CONTENTS Preface / iii 1. INTRODUCTION / 1 Frequently Used Economic Studies / 2 Basic Economic Subjects / 3 Priorities / 3 Problems / 6 Appendixes / 6 References / 6 2. EQUIPMENT COST ESTIMATING / 8 Manufacturers' Quotations / 8 Estimating Charts / 10 Size Factoring Exponents / 11 Inflation Cost Indexes / 13 Installation Factor / 16 Module Factor / 18 Estimating Accuracy / 19 Estimating Example / 19 References / 21 3. PLANT COST ESTIMATES / 22 Accuracy and Costs of Estimates / 22 Cost Overruns / 25 Plant Cost Estimating Factors / 26 Equipment Installation / 28 Instrumentation / 30 v vi CONTENTS Piping / 30 Insulation / 30 Electrical / 30 Buildings / 32 Environmental Control / 32 Painting, Fire Protection, Safety Miscellaneous / 32 Yard Improvements / 32 Utilities / 32 Land / 33 Construction and Engineering Expense, Contractor's Fee, Contingency / 33 Total Multiplier / 34 Complete Plant Estimating Charts / 34 Cost per Ton of Product / 35 Capital Ratio (Turnover Ratio) / 35 Factoring Exponents / 37 Plant Modifications / 38 Other Components of Total Capital Investment / 38 Off-Site Facilities / 38 Distribution Facilities / 39 Research and Development, Engineering, Licensing / 40 Working Capital / 40
Engineering Economics
Author: Fouad Sabry
language: en
Publisher: One Billion Knowledgeable
Release Date: 2023-12-17
What is Engineering Economics For information on how engineering economics can be utilized in the field of civil engineering, please refer to the section on engineering economics. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Engineering economics Chapter 2: Perfect competition Chapter 3: Opportunity cost Chapter 4: Cash flow Chapter 5: Net present value Chapter 6: Index of economics articles Chapter 7: Fixed capital Chapter 8: Cost Chapter 9: Health economics Chapter 10: Valuation (finance) Chapter 11: Cost of capital Chapter 12: Rate of profit Chapter 13: Business valuation Chapter 14: Equivalent annual cost Chapter 15: International business Chapter 16: Minimum acceptable rate of return Chapter 17: Profit (economics) Chapter 18: Constant capital Chapter 19: Surplus value Chapter 20: Glossary of economics Chapter 21: Engineering economics (civil engineering) (II) Answering the public top questions about engineering economics. (III) Real world examples for the usage of engineering economics in many fields. (IV) Rich glossary featuring over 1200 terms to unlock a comprehensive understanding of engineering economics. (eBook only). Who will benefit Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of engineering economics.