Engineering economy /
William G. Sullivan, Elin M. Wicks and C. Patrick Koelling
- Sixteenth edition.
- Upper Saddle River, New Jersey : Pearson, c2015
- xx, 670 pages : illustrations ; 24 cm.
Includes index.
Introduction to engineering economy -- Cost concepts and design economics -- Cost-estimation techniques -- The time value of money -- Evaluating a single project -- Comparison and selection among alternatives -- Depreciation and income taxes -- Price changes and exchange rates -- Replacement analysis -- Evaluating projects with the benefit-cost ratio method -- Breakeven and sensitivity analysis -- Probablistic risk analysis -- The capital budgeting process -- Decision making considering multiattributes.
This book is avbout making choices among competing engineering alternatives. Most of the cash-flow consequences of the alternatives lie in the future, so our attention is directed toward the future and not the past.