Fundamentals of Engineering Economics and Decision Analysis (Synthesis Lectures on Engineering) by David L. Whitman and Ronald E. Terry
English | 2012 | ISBN: 1608458644 | 220 pages | PDF | 11 MB
The authors cover two general topics: basic engineering economics and risk analysis in this text. Within the topic of engineering economics are discussions on the time value of money and interest relationships. These interest relationships are used to define certain project criteria that are used by engineers and project managers to select the best economic choice among several alternatives.