Essentials of engineering economic analysis

著者

書誌事項

Essentials of engineering economic analysis

Donald G. Newnan, Jerome P. Lavelle, Ted G. Eschenbach

Oxford University Press, 2002

2nd ed

大学図書館所蔵 件 / 2

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注記

Includes bibliographical references (p. 657-658) and index

内容説明・目次

内容説明

Essentials of Engineering Economic Analysis, Second Edition, includes the first twelve chapters of the best-selling textbook Engineering Economic Analysis, Eighth Edition, (1-57645-053-8) by Donald G. Newnan, Jerome P. Lavelle, and Ted G. Eschenbach. Perfect for courses taught on a quarter schedule, Essentials of Engineering Economic Analysis, Second Edition, introduces the fundamental concepts of engineering economics and covers essential time value of money principles for engineering projects. It isolates the problems and decisions engineers commonly face and examines the necessary tools for analyzing and solving those problems. Revised in 2001, the second edition focuses on the use of spreadsheets, teaching students to use the enormous capabilities of modern software. The majority of the chapters conclude with sections designed to help students create spreadsheets based on the material covered in each chapter. (The book's organization allows omission of spreadsheet instruction without loss of continuity.) This emphasis on spreadsheet computations provides excellent preparation for real-life engineering economic analysis problems. New Features * Over sixty-five new homework problems added to the ends of chapters * Improved content and readability * Greater emphasis on the use of spreadsheets in real-life situations * An entirely new chapter- "Engineering Costs and Cost Estimating" (Chapter 2)-was suggested by adopters and answers the question, "Where do the numbers come from?" * An increased focus on the MACRS depreciation method with a new section on recaptured depreciation and asset disposal * An updated section on after-tax replacement efforts in Chapter 12 "Replacement Analysis" Supplements * Solutions Manual for Engineering Economic Analysis. This 350-page manual has been revised and checked by the authors for accuracy; all end-of-chapter problems are fully solved by the authors. Available free to adopting professors. (ISBN 1-57645-052-X) * Compound Interest Tables. A separate 32-page pamphlet with the compound interest tables from the textbook. Classroom quantities are free to adopting professors. (ISBN 0-910554-08-0) * Exam Files. Fourteen quizzes prepared by the authors test student knowledge of chapter content. Available free in electronic format to adopting professors. Call 1-800-280-0280 or send an email to college@oup-usa.org. * Instructor Lecture Notes and Overhead Transparencies. Available free in electronic format to adopting professors. Call 1-800-280-0280 or send an email to college@oup-usa.org. * Student's Quick Study Guide: Engineering Economic Analysis. This 320-page book features a 32-page summary of engineering economy, followed by 386 problems, each with detailed solutions. Available for purchase only. (ISBN 1-57645-050-3).

目次

  • Compound Interest Equations (inside front cover)
  • Economic Criteria (inside back cover)
  • PREFACE
  • 1. MAKING ECONOMIC DECISIONS
  • A SEA OF PROBLEMS
  • Simple Problems, Intermediate Problems, Complex Problems
  • THE ROLE OF ENGINEERING ECONOMIC ANALYSIS
  • Examples of Engineering Economic Analysis
  • THE DECISION MAKING PROCESS
  • Rational Decision Making: Recognize the Problem, Define the Goals, Assemble Relevant Data, Identify Feasible Alternatives, Select the Criterion, Construct a Model, Predict the Outcomes, Choose the Best Alternative, Audit the Results
  • ENGINEERING DECISION MAKING
  • 2. ENGINEERING COSTS AND COST ESTIMATING
  • ENGINEERING COSTS
  • Fixed, Variable, Marginal, and Average Costs, Sunk Costs, Opportunity Costs, Recurring and Non-recurring Costs, Incremental Costs, Cash Costs versus Book Costs, Life-cycle Costs
  • COST ESTIMATING
  • Types of Estimates, Difficulties in Estimation, One-of-a-Kind Estimates, Time and Effort Available, Estimator Expertise
  • ESTIMATING MODELS
  • Per Unit Model, Segmenting Model, Cost Indexes, Power Sizing Model, Triangulation, Improvement and the Learning Curve
  • ESTIMATING BENEFITS
  • CASH FLOW DIAGRAMS
  • Categories of Cash Flows, Drawing a Cash Flow Diagram, Drawing a Cash Flow Diagram with a Spreadsheet
  • 3. INTEREST AND EQUIVALENCE
  • COMPUTING CASH FLOWS
  • TIME VALUE OF MONEY
  • SIMPLE INTEREST
  • Repaying a Debt
  • EQUIVALENCE
  • Difference in Repayment Plans, Equivalence is Dependent on Interest Rate, Application of Equivalence Calculations
  • SINGLE PAYMENT COMPOUND INTEREST FORMULAS
  • 4. MORE INTEREST FORMULAS
  • UNIFORM SERIES COMPOUND INTEREST FORMULAS
  • RELATIONSHIPS BETWEEN COMPOUND INTEREST FACTORS
  • Single Payment, Uniform Series
  • ARITHMETIC GRADIENT
  • Derivation of Arithmetic Gradient Factors
  • GEOMETRIC GRADIENT
  • NOMINAL AND EFFECTIVE INTEREST
  • CONTINUOUS COMPOUNDING
  • Single Payment Interest Factors, Uniform Payment Series, Continuous, Uniform Cash Flow
  • SPREADSHEETS FOR ECONOMIC ANALYSIS
  • Spreadsheet Annuity Functions, Spreadsheet Block Functions, Basic Graphing Using Spreadsheets
  • 5. PRESENT WORTH ANALYSIS
  • ECONOMIC CRITERIA
  • APPLYING PRESENT WORTH TECHNIQUES
  • Useful Lives Equal the Analysis Period, Net Present Worth, Useful Lives Different from the Analysis Period, Infinite Analysis Period-Capitalized Cost, Multiple Alternatives
  • ASSUMPTIONS IN SOLVING ECONOMIC ANALYSIS PROBLEMS
  • End-of-Year Convention, Viewpoint of Economic Analysis Studies, Sunk Costs, Borrowed Money Viewpoint, Effect of Inflation and Deflation, Income Taxes, Spreadsheets and Present Worth
  • 6. ANNUAL CASH FLOW ANALYSIS
  • ANNUAL CASH FLOW CALCULATIONS
  • Resolving a Present Cost to an Annual Cost, Treatment of Salvage Value
  • ANNUAL CASH FLOW ANALYSIS
  • ANALYSIS PERIOD
  • Analysis Period Equal to Alternative Lives, Analysis Period a Common Multiple of Alternative Lives, Analysis Period for a Continuing Requirement, Infinite Analysis Period, Some Other Analysis Period
  • USING SPREADSHEETS TO ANALYZE LOANS
  • Building an Amortization Schedule, How Much to Interest? How Much to Principal?, Finding the Balance Due on a Loan, Payoff Debt Sooner by Increasing Payments
  • 7. RATE OF RETURN ANALYSIS
  • INTERNAL RATE OF RETURN
  • CALCULATING RATE OF RETURN
  • Plot of NPW vs. Interest Rate i
  • RATE OF RETURN ANALYSIS
  • Analysis Period, Spreadsheets and Rate of Return Analysis
  • 7A. DIFFICULTIES SOLVING FOR AN INTEREST RATE
  • CONVERTING A CASH FLOW TO A MATHEMATICAL EQUATION
  • CASH FLOW RULE OF SIGNS
  • Zero Sign Changes, One Sign Change, Two or More Sign Changes, What the Difficulties Mean
  • EXTERNAL INTEREST RATE
  • Resolving Multiple Rate of Return Problems, A Further Look at the Computation of Rate of Return
  • 8. INCREMENTAL ANALYSIS
  • GRAPHICAL SOLUTIONS
  • INCREMENTAL RATE OF RETURN ANALYSIS
  • Incremental Analysis Where There Are Unlimited Alternatives
  • PRESENT WORTH ANALYSIS WITH BENEFIT-COST GRAPHS
  • CHOOSING AN ANALYSIS METHOD
  • SPREADSHEETS AND INCREMENTAL ANALYSIS
  • 9. OTHER ANALYSIS TECHNIQUES
  • FUTURE WORTH ANALYSIS
  • BENEFIT-COST RATIO ANALYSIS
  • Continuous Alternatives
  • PAYBACK PERIOD
  • SENSITIVITY AND BREAKEVEN ANALYSIS
  • Graphing with Spreadsheets for Sensitivity and Breakeven Analysis
  • 10. DEPRECIATION
  • BASIC ASPECTS OF DEPRECIATION
  • Deterioration and Obsolescence, Depreciation and Expenses, Types of Property, Depreciation Calculation Fundamentals
  • HISTORICAL DEPRECIATION METHODS
  • Straight Line Depreciation, Sum-of-Years Digits Depreciation, Declining Balance Depreciation
  • MODIFIED ACCELERATED COST RECOVERY SYSTEM
  • Cost Basis and Placed in Service Date, Property Class and Recovery Period, Percentage Tables, Where MACRS Percentage Rates Come From, MACRS Method Examples, Comparing MACRS and Historical Methods
  • DEPLETION AND ASSET DISPOSAL
  • UNIT OF PRODUCTION DEPRECIATION
  • DEPLETION
  • Cost Depletion, Percentage Depletion
  • SPREADSHEETS AND DEPRECIATION
  • 11. INCOME TAXES
  • A PARTNER IN THE BUSINESS
  • CALCULATION OF TAXABLE INCOME
  • Taxable Income of Individuals, Classification of Business Expenditures, Taxable Income of Business Firms
  • INCOME TAX RATES
  • Individual Tax Rates, Corporate Tax Rates, Combined Federal and State Income Taxes, Selecting an Income Tax Rate for Economic Studies
  • ECONOMIC ANALYSIS TAKING INCOME TAXES INTO ACCOUNT
  • CAPITAL GAINS AND LOSSES FOR NON-DEPRECIABLE ASSETS
  • Investment Tax Credit
  • ESTIMATING THE AFTER-TAX RATE OF RETURN
  • AFTER-TAX CASH FLOWS AND SPREADSHEETS
  • 12. REPLACEMENT ANALYSIS
  • THE REPLACEMENT PROBLEM
  • REPLACEMENT ANALYSIS DECISION MAP
  • WHAT IS THE BASIC COMPARISON?
  • Minimum Cost Life of the Challenger, Use of Marginal Cost Data, Replacement Analysis Technique #1, Minimum Cost Life of the Defender, Replacement Analysis Technique #2, No Defender Marginal Cost Data Available, Replacement Analysis Technique #3, Repeatability Assumptions Not Acceptable, A Closer Look at Future Challengers
  • AFTER-TAX REPLACEMENT ANALYSIS
  • Marginal Costs on an After-Tax Basis, After-Tax Cash Flows for the Challenger, After-Tax Cash Flows for the Defender, Minimum Cost Life Problems
  • SPREADSHEETS AND AFTER-TAX REPLACEMENT ANALYSIS
  • Values of Interest Factors When N Equals Infinity
  • (Each chapter ends with a summary and problems.)

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詳細情報

  • NII書誌ID(NCID)
    BA61431837
  • ISBN
    • 0195150015
  • LCCN
    2001278248
  • 出版国コード
    us
  • タイトル言語コード
    eng
  • 本文言語コード
    eng
  • 出版地
    New York
  • ページ数/冊数
    x, 665 p.
  • 大きさ
    24 cm
  • 分類
  • 件名
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