Engineering economics

This book provides a straightforward approach to explaining engineering economics that is appropriate for members of all of the major engineering disciplines. It includes real world engineering economic analysis examples, and provides the basic knowledge required for engineers to be able to perform engineering economic analyses for different potential alternative equipment, products, services, and projects in both the public and private sectors. It focuses on mastering the basic engineering economics formulas and their use on different types of engineering and construction projects, and includes numerous example problems and real world case studies. Content: Chapter 1. Introduction -- chapter 2. Time value of money, interest, and cash flow diagrams -- chapter 3. Present worth, future worth, and unknown interest rates -- chapter 4. Annuities : uniform series -- chapter 5. Arithmetic and geometric gradients -- chapter 6. Multiple factors in engineering economic problems -- chapter 7. Present worth capitalized cost analysis : present worth method of comparing alternatives -- chapter 8. Equivalent uniform annual worth comparison method -- chapter 9. Rate of return method for comparing alternatives -- chapter 10. Replacement analysis -- chapter 11. Breakeven analysis comparisons -- chapter 12. Benefit/cost ratio economic evaluations -- chapter 13. Depreciation -- chapter 14. Taxes and after-tax economic analysis.