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Engineering Economy: Applying Theory to Practice, 3rd Edition
by:Ted G. Eschenbach
Now in its third edition, Ted G. Eschenbach's Engineering Economy: Applying Theory to Practice continues to solidify its reputation as one of the most innovative, authoritative, and reliable texts in Engineering Economics. It provides the tools and concepts--including cost estimating, sensitivity analysis, probability, and multiple objectives--that are...
Now in its third edition, Ted G. Eschenbach's Engineering Economy: Applying Theory to Practice continues to solidify its reputation as one of the most innovative, authoritative, and reliable texts in Engineering Economics. It provides the tools and concepts--including cost estimating, sensitivity analysis, probability, and multiple objectives--that are necessary to successfully apply engineering economy in industry practice outside of the classroom. New to this Edition:* A complete casebook on the in-text CD. Cases in Engineering Economy, Second Edition, by William Peterson and Ted G. Eschenbach (with contributed cases from 13 other professors of engineering economics) provides 54 robust, real-world cases. Each chapter is keyed to the cases--making it quick and easy to integrate them into courses--and complete solutions are available to instructors upon adoption.* A new appendix on using financial calculators. Appendix B demonstrates how using financial calculators, while requiring the same conceptual understanding as tables, can be a great time saver.* Further spreadsheet integration into topical coverage throughout the book. Chapter 10 now includes a spreadsheet approach that greatly simplifies the task of finding the optimal economic life.* Expanded ethics coverage added to the decision-making discussion in Chapter 1.* Topical coverage throughout updated and refined. Chapter 12 now includes the 50% initial "bonus" depreciation that has been used to stimulate economic activity; Chapter 18 now overviews real options; and Chapter 5 now includes simple formulae for perpetual economic gradient, perpetual arithmetic gradient, and perpetual annual series.* A set of FE exam practice problems in the new Appendix D.Designed to emphasize the strengths of traditional factors and of spreadsheet coverage, Engineering Economy: Applying Theory to Practice, Third Edition, is an ideal text for undergraduate and beginning graduate-level Engineering Economy courses.
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