This unified examination of economic analysis principles from a cash flow viewpoint, provides a systematic, 7-step approach for performing a comparison of investment alternatives. It offers comprehensive coverage of cost concepts, inflation, ACRS and modern methods of depreciation, income taxes, economic analysis. It features more current economy examples, a new chapter on reality issues, and new material on non-manufacturing examples.
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This detailed treatment of the principles and techniques needed to make an analysis of the economic investment alternatives uses a cash flow approach throughout the text. Provides recent updates of cost concepts, inflation, income taxes, risk analyses, and more. Contains approximately 200 worked-out examples and 400 problems, with answers to even-numbered problems given at the end of the text.
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1 of 1 people found the following review helpful:
3.0 out of 5 stars
Not a good book for trying to learn by hand,
By Sweet Thang (Oklahoma) - See all my reviews
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This review is from: Principles of Engineering Economic Analysis (Hardcover)
This is a great book if you need to learn how to do economics in Excel. If you want to learn how to do any of this by hand, choose another book. I am a senior college student studying for Architectural Engineering. Our professor said we could not do anything by Excel during our tests, so we needed to do it by hand. But every example in the book uses Excel. Because the book is going to use Excel, it skips important steps and explanations needed for hand calculations. In the chapters, it does not properly explain how hand calculations go. It is very vague. And it admits in the book that it makes up processes because, "it just made sense to them". Not the type of book I would prefer to learn from. All in all, proceed with caution if getting it for hand calculations.
0 of 8 people found the following review helpful:
5.0 out of 5 stars
It was great!,
Amazon Verified Purchase(What's this?)
This review is from: Principles of Engineering Economic Analysis (Hardcover)
The book came in before i thought it would. There was no damage to the new book when i got it.
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Key Phrases - Statistically Improbable Phrases (SIPs):
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annual return, annual operating cost, property qualifying, loan amount, optimum solution, electronic games, earned surplus, financial goal, main message, incremental solution, breakeven point, systematic economic analysis technique, following cash flow profile, optimum investment portfolio, salvage value decreases, optimum replacement interval, performing engineering economic analyses, percent annual compound interest, future worth analysis, present worth ranking, existing auger, perform supplementary analyses, uniform series equivalent, annual worth analysis, maximizes economic worth Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Reconsider Problem, Monte Carlo, Product of Palisade Corporation, Galvanized Products, The Figure, Soft White, Scream Machine, Aerotron Electronics, Pit Stop, Eastman Chemical Company, Use Excel, Value Lodges, Calisto Launch Services, Bay City, Investment Opportunity, Investment Portfolio Growth Rate, After-Tax Analysis, Net Income, Payment Method, Repeat Problem, End of Period, Design Alternative, Bureau of Labor Statistics, Annual Maintenance Cost Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Surprise Me!
annual return, annual operating cost, property qualifying, loan amount, optimum solution, electronic games, earned surplus, financial goal, main message, incremental solution, breakeven point, systematic economic analysis technique, following cash flow profile, optimum investment portfolio, salvage value decreases, optimum replacement interval, performing engineering economic analyses, percent annual compound interest, future worth analysis, present worth ranking, existing auger, perform supplementary analyses, uniform series equivalent, annual worth analysis, maximizes economic worth Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Reconsider Problem, Monte Carlo, Product of Palisade Corporation, Galvanized Products, The Figure, Soft White, Scream Machine, Aerotron Electronics, Pit Stop, Eastman Chemical Company, Use Excel, Value Lodges, Calisto Launch Services, Bay City, Investment Opportunity, Investment Portfolio Growth Rate, After-Tax Analysis, Net Income, Payment Method, Repeat Problem, End of Period, Design Alternative, Bureau of Labor Statistics, Annual Maintenance Cost Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Surprise Me!
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