Description: This book directs the engineering manager or the undergraduate student preparing to become an engineering manager, who is or will become actively engaged in the management of economic-risk trade-off decisions for engineering investments within an organizational system. In today¿s global economy, this may mean managing the economic risks of engineering investments across national boundaries in international organizations, government, or service organizations. As such, this is an applied book. The book¿s goal is to provide an easy to understand, up to date, and coherent treatment of the management of the economic-risk trade-offs of engineering investments. This book accomplishes this goal by cumulatively sequencing knowledge content from foundational economic and accounting concepts to cost estimating to the traditional engineering economics knowledge culminating in fundamental engineering managerial economic decision-making incorporating risk into engineering management economic decisions. ¿Part 1Economic Context of Engineering Management Decisions1Managerial Economics of Engineering Organizations2General Accounting Fundamentals3Cost Accounting Fundamentals4Engineering Cost Concepts and Cost EstimatingPart 2Economic Analysis of Engineering Activities and Projects5Interest Equivalence6Measures of Investment Worth7Depreciation Effects on Engineering Investments8Tax Effects on Engineering Investments9Inflation Effects on Engineering Investments10Incremental Analysis11Replacement AnalysisPart 3Managing Engineering Investments12Setting MARR13Capital Budgeting Engineering Investments14Benefit-Cost Ratio Analysis15Introduction to Management Economic Decision Theory and Risk AnalysisAppendix A: Use of the Microsoft® Excel® Compound Interest Calculator Spreadsheet Appendix B: Chapter Homework ProblemsAppendix C: Fundamentals of Engineering (FE) Exam Example QuestionsBibliographyIndex
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EAN: 9783030877699
UPC: 9783030877699
ISBN: 9783030877699
MPN: N/A
Item Height: 2.6 cm
Publication Name: N/A
Type: N/A
Book Title: Engineering Managerial Economic Decision and Risk Analysis : Economic Decision-Making and Risk Analysis
Number of Pages: Xiii, 490 Pages
Language: English
Publisher: Springer International Publishing A&G
Topic: Industrial Engineering, Industrial Management, Applied
Publication Year: 2022
Illustrator: Yes
Genre: Mathematics, Technology & Engineering, Business & Economics
Item Weight: 27 Oz
Author: Teddy Steven Cotter
Item Length: 9.3 in
Item Width: 6.1 in
Book Series: Topics in Safety, Risk, Reliability and Quality Ser.
Format: Trade Paperback
