Engineering economics / James L. Riggs.
By: Riggs, James L
.
Material type:
BookSeries: McGraw-Hill series in industrial engineering and management science.Publisher: New York : McGraw-Hill, c1977Description: xvii, 617 p. : ill. ; 25 cm.ISBN: 0070528608.Subject(s): Engineering economy| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| General lending | MTU Bishopstown Library Lending | 658.1596 (Browse shelf(Opens below)) | 1 | Available | 00026237 |
Enhanced descriptions from Syndetics:
The fourth edition of this text continues to be a comprehensive, authoritative and interesting resource for introductory and advanced courses in Engineering Economics. This new edition has streamlined the material into 15 accessible, readable chapters. The sequence of chapters flows through: 1) Fundamentals required for economic analysis; 2) Structural/procedures for performing those analyses; 3) Specific considerations for the public sector; 4) Depreciation and income tax considerations; 5) Inflation/considerations; and 6) Advanced concepts, including risk and decision. An emphasis on a clear, interesting writing style with numerous examples and review exercises offsets traditional ideas that the subject matter can be dull.
Includes bibliographical references (pages 581-582) and index.
Prologue: The scope of engineering economics -- Section One: Mesoeconomics -- Supply, demand and production -- Breakeven analysis -- Minimum-cost operations -- Economizing and comparing -- Section Two: Mathematics of money -- Time-value mechanics -- Equivalent annual-worth comparison method -- Present-worth comparisons -- Rate-of-return comparisons -- Section Three: Management of money -- Data and sensitivity analysis -- Depreciation and tax effects -- Industrial practices -- Analysis of public projects -- Section Four: Recognition of risk and uncertainty -- Economic analyses recognizing risk -- Perspectives for decision making.