图书简介
This book provides a straightforward approach to explaining engineering economics that is appropriate for members of all of the major engineering disciplines. It includes real world engineering economic analysis examples, and provides the basic knowledge required for engineers to be able to perform engineering economic analyses for different potential alternative equipment, products, services, and projects in both the public and private sectors. It focuses on mastering the basic engineering economics formulas and their use on different types of engineering and construction projects, and includes numerous example problems and real world case studies.
Introduction Introduction to Engineering Economics Money as a Means of Commerce Improving the Economics of Projects Managing Costs and Profits Summary Key Terms Problems Time Value of Money Definition of Interest Definition of Engineering Economic Terms Cash Flow Diagrams Summary Key Terms Problems Present Worth, Future Worth, and Unknown Interest Rates Definition of Equivalence Single Payment Compound Amount Factor? Future Worth Present Worth Compound Amount Factor? Present Worth Compounding Periods Different than One Year Solving for Unknown Interest Rates Using Factor Tables to Solve for Present and Future Worth Summary Key Terms Problems Annuities Uniform Series Compound Amount Factor? Future Worth of Annuities Uniform Series Sinking Fund Factor? Annuity of a Future Value Uniform Series Present Worth Recovery Factor? Present Worth of Annuities Uniform Series Capital Recovery Factor? Annuity of a Present Worth Present Worth of an Infinite Uniform Series? Unlimited Payment Series Using Factor Tables to Solve for Annuities Summary Key Terms Problems Arithmetic and Geometric Gradients Definition of Arithmetic Gradients Future Worth of Arithmetic Gradient Amounts Present Worth of Arithmetic Gradient Amounts Noncontinuous Arithmetic Gradient Series Using Factor Tables to Solve for Gradients Perpetual Life Gradients? Infinite Series Geometric Gradients Using Factor Tables to Solve for Gradients Summary Key Terms Problems Multiple Factors Combining Factors to Solve for Future or Present Worth of Different Series Two Sequential Series with Different Interest Rates Compounding Periods Not Equal to Payment Periods Summary Key Terms Problems Present Worth Capitalized Cost Analysis? Present Worth Method of Comparing Alternatives Comparing Alternatives on the Basis of Equivalent Present Worth Capitalized Cost Calculations for Perpetual Life Series Present Worth of Least Common Multiples of Series Summary Key Terms Problems Equivalent Uniform Annual Cost Comparison Method Comparing Alternatives Based on their Equivalent Uniform Annual Cost Equivalent Uniform Annual Cost of Perpetual Life Alternatives Using Trade-in Value and Sunk Costs in Calculations Summary Key Terms Problems Rate or Return Method for Comparing Alternatives Solving for the Interest Rate where the Present Sum Equals the Future Sum Solving for the Unknown Interest Rate using Interpolation Evaluation by Incremental Investment Analysis? Incremental Rate of Return Summary Key Terms Problems Replacement Analysis Definitions used in Replacement Analysis Determining when to Replace an Asset Analyzing Mutually Exclusive Alternatives Summary Key Terms Problems Breakeven Analysis Comparisons Fixed Costs and Variable Costs Locating the Breakeven Point Summary Key Terms Problems Benefit/Cost Evaluations Definition of Terms used in Benefit/Cost Evaluations Benefit/Cost Ratio Analysis Summary Key Terms Problems Depreciation Definition of Deprecation Components Considered when Calculating Depreciation Methods for Calculating Depreciation Summary Key Terms Problems Taxes and After Tax Economic Analysis Corporate Taxes After Tax Cash Flows Individual Taxes Summary Key Terms Problems Appendix I Summary of Equations and Cash Flow Diagrams Appendix II Factor Tables Appendix III Using Spreadsheets to Solve Engineering Economic Problems Index
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