Test Bank For Engineering Economy, 9th Edition All Chapters - 9781264158096.pdf

Engineering Econom b




y
7th edition
b




Leland Blank and b b b




Anthony Tarquin b




Dr.bAbdulkarembAlmawgani EngineeringbEconomy 1

, Grade Policy b




10% Quizzes and HomeWorks 10%
b b b b b




Attandance

20% Midterm Exam Test 1
b b b b




20% Midterm Exam Test 2
b b b b




40% Final Exam
b b




Dr.bAbdulkarembAlmawgani EngineeringbEconomy 2

, Chapter 1 b




Foundations Of Engin b b



eering Economy
b




Lecture slides to accompany
b b b




Engineering Economy b




7th edition
b




Leland Blank Ant
b b




hony Tarquin
b




Dr.bAbdulkarembAlmawgani EngineeringbEconomy 3

, Why Engineering Economy is Important
b b b b




to Engineers b




❖ Engineers design and create b b b




❖ Designing involves economic decisions
b b b




❖ Engineers must be able to incorporate economic analysis into t
b b b b b b b b b



heir creative efforts
b b




❖ Often engineers must select and implement from multiple a
b b b b b b b b



lternatives
❖ Understanding and applying time value of money (the money m
b b b b b b b b b



ake money over time), economic equivalence, and cost estimati
b b b b b b b b



on are vital for engineers
b b b b




❖ A proper economic analysis for selection and execution is a fu
b b b b b b b b b b



ndamental task of engineering b b b




Dr.bAbdulkarembAlmawgani EngineeringbEconomy 4