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Engineering Economy: Applying Theory to Practice (Engineering and Technology)
Product Description Thoroughly revised in this second edition,Engineering Economy: Applying Theory to Practice combines real-world problems minicases, and examples with a solid theoretical foundation in engineering economy. This innovative book covers all the standard topics included in the basics of Engineering (FE) Exam. It clearly illustrates concepts and methods-such as cost estimating, sensitivity analysis, probability, and multiple objectives-needed for successful application of engineering economy in industry practice. In addition, fully integrated ExcelRG spreadsheets throughout the text function as indispensable analytical tools for problem-solving and understanding. Engineering Economy: Applying Theory to Practice, 2/e, is a comprehensive introductory text suitable for upper-division undergraduate courses, graduate courses, or as a professional reference. NEW TO THE SECOND EDITION: Unique insight into using ExcelRG functions for MACRS depreciation New problems, examples, references, illustrations, graphs, and tables Minicase studies at the ends of most chapters Improved coverage of replacement analysis, inflation, and sensitivity analysis An appendix on engineering economy-based accounting More accessible presentation of analyzing the defender in replacement problems Discussion of geometric gradients unified with other engineering economy factors Comparison of mutually exclusive alternatives now precedes the treatment of constrained project selection/capital budgeting STUDENT CD-ROM-INCLUDED IN EVERY BOOK INTERACTIVE MULTIPLE-CHOICE PROBLEMS: A set of web-based problems that tests and reinforces knowledge of key concepts EXCELRG SPREADSHEET PROGRAM: Twenty-nine generators create quasi-random problem sets and solutions INSTRUCTOR SUPPLEMENTS A CD-ROM containing PowerPointRG overheads with accompanying Excel spreadsheets A SOLUTIONS MANUAL including answers to end-of-chapter problems and mini-cases, and transparency masters for all exhibits About The Author Ted G. Eschenbach, P.E., is a Professor of Engineering Management at the University of Alaska, Anchorage, and a consultant at TGE Consulting. He is the author or coauthor of five leading engineering economy texts including Engineering Economic Analysis 8/e (2000). The Economic Analysis of Industrial Projects 2/e (1992), and Cases in Engineering Economy (1989). He is also on the editorial board of The Engineering Economist and was founding editor of Engineering Management Journal. In addition, he has served in a variety of positions for the following professional societies: ASEM, ASEE, and IIE. Reader Reviews Coming into the Cost Analysis class, I was not the biggest fan of engineering economy. This book, however, was very well written and very straight forward. I took this class at a graduate level, and felt it might be more appropriate at an undergraduate level. The concepts are very basic, and though it gets into more difficult problems near the end, the book does a good job of walking the reader through problems step-by-step. It also gives several good examples, though they are not as thorough in the last few chapters. Overall, kudos to the author for making the subject comprehensible and interesting. Comment | | (Report this)
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