Engineering Economics for the 21st Century

Provides a modern presentation that eliminates the seven limitations of past and present engineering economics texts:<br /> <ul> <li>Contains the <b><i>12-FACTOR</i></b> <b><i>Calculator</i></b>, an Excel spreadsheet designed by author to provide the values of the 12 factors of engineering economics for <b><i>arbitrary</i></b> values of <i>i</i>, <i>g</i> ( ), and <i>N</i></li> <li>Contains the <b><i>ANNUAL </i></b>and<b><i> PRESENT WORTH COMPARISON Calculators with Component Replacements </i></b>forcomparing equipment purchase quotations</li> <li>Defines quasi-simple investments and presents a Step-by-Step procedure for calculating their IRRs and balances</li> <li>Presents a classification of the four common non-simple investments and provides Step-by-Step procedures for calculating their IRRs and balances</li> <li>Compares the different profitability measures for the <i>same</i> investment: pretax IRR, aftertax IRR, aftertax sensitivity analysis, net present value, accounting rate of return, benefit-cost ratio, and payback period</li> </ul>