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Ten Principles of Engineering Economic Analysis
1. Money has a time value.2. Make investments that are economically justified.3. Choose the mutually exclusive investment alternative that maximizes economic worth.4. Two investment alternatives are equivalent if they have the same economic worth.5. Marginal revenue must exceed marginal cost.6. Continue to invest as long as each additional increment of investment yields a return that is greater than the investor's TVOM.7. Consider only differences in cash flows among investment alternatives.8. Compare investment alternatives over a common period of time.9. Risks and returns tend to be positively correlated.10. Past costs are irrelevant in engineering economic analyses, unless they impact future costs.
What is Networth? Networth is the complete resources without complete obligations of an organization. Networth means equity and it is the present resources without present oblig
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Illustrate flat plate collectors. Describe liquid flat plate collector with relevant diagram.
Q. Explain crystal lattice of BCC, FCC and HCP. Ans. (a) BCC (Body centered cubic): Body centered cubic structure, the unit cell, we observe in addition to the atoms at eight
x(n)={1, 2+j,j,0,2-j,0,1,-3}
Garden Variety Flower Shop uses 750 clay pots a month. The pots are purchased at $2 each. Annual carrying costs are estimated to be 25 percent of cost, and ordering costs are $30
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What are the no-arbitrage lower bound, and the no-arbitrage upper bound, of the vertical spread C(k1) - C(k2) ?
The load data given in Table 1 belongs to a power company. Develop the daily load curve for the primary feeder. Also, determine: a. maximum coincident demand of the system b. deman
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