## Computational Economic Analysis for Engineering and IndustryRecent global anxiety indicates that more focus needs to be directed at economic issues related to industry. Conventional techniques often do not adequately embrace the integrated global factors that affect unique industries and industry focused computational tools have not been readily available. Until now. Computational Economic Analysis for Engineering and Industry presents direct computational tools, techniques, models, and approaches for economic analysis with a specific focus on industrial and engineering processes. Here are just a few of the topics you'll find: The authors supply downloadable software, ENGINEA, that allows you to easily perform the various techniques outlined in the text, such as investment justification, breakeven analysis, and replacement analysis. Providing a high-level presentation of economic analysis of the unique aspects of industrial processes, they integrate mathematical models, optimization, computer analysis, and managerial decision processes. A comprehensive treatment of economic analysis considering the specific needs of industry, the book is a pragmatic alternative to conventional economic analysis books. |

### What people are saying - Write a review

We haven't found any reviews in the usual places.

### Contents

chapter one Applied economic analysis | 1 |

chapter two Cost concepts and techniques | 17 |

chapter three Fundamentals of economic analysis | 33 |

chapter four Economic methods for comparing investment alternatives | 61 |

chapter five Asset replacement and retention analysis | 85 |

chapter six Depreciation methods | 99 |

chapter seven Breakeven analysis | 113 |

chapter eight Effects of inflation and taxes | 123 |

a tool for economic evaluation | 189 |

chapter thirteen Cost benchmarking case study | 205 |

Definitions and terms | 221 |

Engineering conversion factors | 237 |

Computational mathematical formulae | 245 |

Units of measure | 251 |

Interest factors and tables | 253 |

283 | |

chapter nine Advanced cashflow analysis techniques | 135 |

chapter ten Multiattribute investment analysis and selection | 151 |

chapter eleven Budgeting and capital allocation | 179 |

Back cover | 287 |

### Other editions - View all

Computational Economic Analysis for Engineering and Industry Adedeji B. Badiru,Olufemi A. Omitaomu No preview available - 2007 |

### Common terms and phrases

alternatives Amount Value Fund Amount Value Uniform annual asset attributes calculated Capital Compound Present Compound Interest Compound Present Gradient Compound Present Sinking computed depreciation discounted payback dollars economic analysis engineering EUAC evaluation example F Find Factor Factor Factor Factor Factor Series Factor Series Value Figure Find A Find Find P Given G Given G G n F/P P/F A/F A/P F/A P/A A/G P/G geometric series Given A Given Given P Given Gradient Amount Value Gradient Gradient Amount Gradient Period Compound incremental inflation interest rate investment n F/P P/F A/F A/P F/A P/A A/G P/G n Payment Uniform Payment Period Compound Present Present Factor Factor Present Gradient Gradient present value present worth production rate of return Recovery Amount Value replacement analysis salvage value Series Arithmetic Gradient Series Value Find Single Payment Uniform Sinking Capital Compound Table taxes Uniform Present Factor uniform series Value Find F Value Fund Recovery