Economic Decision Models For Engineers And Managers

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Engineering and Technology Management Tools and Applications

Author : B. S. Dhillon
Publisher : Artech House
Page : 406 pages
File Size : 55,6 Mb
Release : 2002
Category : Business & Economics
ISBN : 1580535682

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Engineering and Technology Management Tools and Applications by B. S. Dhillon Pdf

Career success for engineers who wish to move up the management ladder, requires more than an understanding of engineering and technological principles OCo it demands a profound understanding of todayOCOs business management issues and principles. In this unique book, the author provides you with a valuable understanding of contemporary management concepts and their applications in a technical organization. You get in-depth coverage of product selection and management, engineering design and product costing, concurrent engineering, value management, configuration management, risk management, reengineering strategies and benefits, managing creativity and innovation, information technology management, and software management. The large number of solved examples highlighted throughout the text underscore the value of this book as an indispensable OC How ToOCO manual, and library reference piece."

Engineering Managerial Economic Decision and Risk Analysis

Author : Teddy Steven Cotter
Publisher : Springer Nature
Page : 490 pages
File Size : 43,9 Mb
Release : 2021-11-18
Category : Technology & Engineering
ISBN : 9783030877675

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Engineering Managerial Economic Decision and Risk Analysis by Teddy Steven Cotter Pdf

This book directs the engineering manager or the undergraduate student preparing to become an engineering manager, who is or will become actively engaged in the management of economic-risk trade-off decisions for engineering investments within an organizational system. In today’s global economy, this may mean managing the economic risks of engineering investments across national boundaries in international organizations, government, or service organizations. As such, this is an applied book. The book’s goal is to provide an easy to understand, up to date, and coherent treatment of the management of the economic-risk trade-offs of engineering investments. This book accomplishes this goal by cumulatively sequencing knowledge content from foundational economic and accounting concepts to cost estimating to the traditional engineering economics knowledge culminating in fundamental engineering managerial economic decision-making incorporating risk into engineering management economic decisions.

Decision Models in Engineering and Management

Author : Patricia Guarnieri
Publisher : Springer
Page : 322 pages
File Size : 50,5 Mb
Release : 2015-01-05
Category : Technology & Engineering
ISBN : 9783319119496

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Decision Models in Engineering and Management by Patricia Guarnieri Pdf

Providing a comprehensive overview of various methods and applications in decision engineering, this book presents chapters written by a range experts in the field. It presents conceptual aspects of decision support applications in various areas including finance, vendor selection, construction, process management, water management and energy, agribusiness , production scheduling and control, and waste management. In addition to this, a special focus is given to methods of multi-criteria decision analysis. Decision making in organizations is a recurrent theme and is essential for business continuity. Managers from various fields including public, private, industrial, trading or service sectors are required to make decisions. Consequently managers need the support of these structured methods in order to engage in effective decision making. This book provides a valuable resource for graduate students, professors and researchers of decision analysis, multi-criteria decision analysis and group decision analysis. It is also intended for production engineers, civil engineers and engineering consultants.

Economic Analysis for Engineers and Managers

Author : J. C. Sprague,J. D. Whittaker
Publisher : Scarborough, Ont. : Prentice-Hall Canada
Page : 600 pages
File Size : 51,9 Mb
Release : 1986
Category : Business & Economics
ISBN : 0132240491

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Economic Analysis for Engineers and Managers by J. C. Sprague,J. D. Whittaker Pdf

Engineering Economics and Economic Design for Process Engineers

Author : Thane Brown
Publisher : CRC Press
Page : 368 pages
File Size : 45,9 Mb
Release : 2016-04-19
Category : Science
ISBN : 9781420008104

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Engineering Economics and Economic Design for Process Engineers by Thane Brown Pdf

Engineers often find themselves tasked with the difficult challenge of developing a design that is both technically and economically feasible. A sharply focused, how-to book, Engineering Economics and Economic Design for Process Engineers provides the tools and methods to resolve design and economic issues. It helps you integrate technical and economic decision making, creating more profit and growth for your organization. The book puts methods that are simple, fast, and inexpensive within easy reach. Author Thane Brown sets the stage by explaining the engineer’s role in the creation of economically feasible projects. He discusses the basic economics of projects — how they are funded, what kinds of investments they require, how revenues, expenses, profits, and risks are interrelated, and how cash flows into and out of a company. In the engineering economics section of the book, Brown covers topics such as present and future values, annuities, interest rates, inflation, and inflation indices. He details how to create order-of-magnitude and study grade estimates for the investments in a project and how to make study grade production cost estimates. Against this backdrop, Brown explores a unique scheme for producing an Economic Design. He demonstrates how using the Economic Design Model brings increased economic thinking and rigor into the early parts of design, the time in a project’s life when its cost structure is being set and when the engineer’s impact on profit is greatest. The model emphasizes three powerful new tools that help you create a comprehensive design option list. When the model is used early in a project, it can drastically lower both capital and production costs. The book’s uniquely industrial focus presents topics as they would happen in a real work situation. It shows you how to combine technical and economic decision making to create economically optimum designs and increase your impact on profit and growth, and, therefore, your importance to your organization. Using these time-tested techniques, you can design processes that cost less to build and operate, and improve your company’s profit.

Fundamentals of Engineering Economics and Decision Analysis

Author : David Whitman,Ronald E. Terry
Publisher : Morgan & Claypool Publishers
Page : 219 pages
File Size : 54,9 Mb
Release : 2012
Category : Business & Economics
ISBN : 9781608458646

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Fundamentals of Engineering Economics and Decision Analysis by David Whitman,Ronald E. Terry Pdf

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. Projects examined will include both income- and service-producing investments. The effects of escalation, inflation, and taxes on the economic analysis of alternatives are discussed. Risk analysis incorporates the concepts of probability and statistics in the evaluation of alternatives. This allows management to determine the probability of success or failure of the project. Two types of sensitivity analyses are presented. The first is referred to as the range approach while the second uses probabilistic concepts to determine a measure of the risk involved. The authors have designed the text to assist individuals to prepare to successfully complete the economics portions of the Fundamentals of Engineering Exam. Table of Contents: Introduction / Interest and the Time Value of Money / Project Evaluation Methods / Service Producing Investments / Income Producing Investments / Determination of Project Cash Flow / Financial Leverage / Basic Statistics and Probability / Sensitivity Analysis

Decision Models for Industrial Systems Engineers and Managers

Author : Pakorn Adulbhan,Mario T. Tabucanon
Publisher : Reader's Digest Young Families
Page : 488 pages
File Size : 45,6 Mb
Release : 1981
Category : Decision making
ISBN : UCAL:B4132171

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Decision Models for Industrial Systems Engineers and Managers by Pakorn Adulbhan,Mario T. Tabucanon Pdf

Managerial and Engineering Economy

Author : George A. Taylor
Publisher : Unknown
Page : 568 pages
File Size : 44,9 Mb
Release : 1975
Category : Business & Economics
ISBN : UOM:39015004534114

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Managerial and Engineering Economy by George A. Taylor Pdf

Economic Decision Analysis

Author : Babak Jafarizadeh
Publisher : Springer Nature
Page : 113 pages
File Size : 41,7 Mb
Release : 2022-03-09
Category : Business & Economics
ISBN : 9783030961374

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Economic Decision Analysis by Babak Jafarizadeh Pdf

This book ​discusses the art and science of economic decision making. It combines logical thinking with analytics, economics, and finance to draw decision insights for the upstream petroleum projects. The book offers useful analysis skills for practitioners in industry, including analysts, engineers, and managers. In addition, advanced undergraduate and graduate students in petroleum engineering, applied petroleum geoscience, industrial engineering, and energy business would benefit from the discussions in this book.

Readings in Managerial Economics

Author : I. B. Ibrahim,K. K. Seo,P. G. Vlachos
Publisher : Elsevier
Page : 442 pages
File Size : 46,9 Mb
Release : 2013-10-22
Category : Business & Economics
ISBN : 9781483163802

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Readings in Managerial Economics by I. B. Ibrahim,K. K. Seo,P. G. Vlachos Pdf

Readings in Managerial Economics is a five-part book that deals with the major subject areas of decision making; forecasting and demand analysis; production and cost; pricing and market structure; and capital budgeting and profit. This book combines a number of diverse articles, selected from recent issues of over fifty leading professional publication. Some of the articles deal principally with theory, some with applications, and some with both. This book will be useful for students and executives interested in this subject matter.