Economic Decision Analysis in Engineering

Project initiation and development, review of practical decision-making problems and relevant techniques, benefit/cost analysis, time value of money, Nominal and effective interest rate, calculation involving multiple interest formulae, internal rate of return, payback period method, comparisons of alternative investments, depreciation methods, income tax consideration, inflation, replacement analysis, sensitivity analysis, life-cycle … For more content click the Read More button below.Project initiation and development, review of practical decision-making problems and relevant techniques, benefit/cost analysis, time value of money, Nominal and effective interest rate, calculation involving multiple interest formulae, internal rate of return, payback period method, comparisons of alternative investments, depreciation methods, income tax consideration, inflation, replacement analysis, sensitivity analysis, life-cycle costing, economic analysis of projects.Read More