Ten principles of engineering economic analysis, Other Engineering

Assignment Help:

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.


Related Discussions:- Ten principles of engineering economic analysis

Aad instruction, Ask question #Minimum 100 words acexplanation of aad with ...

Ask question #Minimum 100 words acexplanation of aad with examplescepted#

Oscilloscope probes, Direct probe,isolation probe,high impedence probe,acti...

Direct probe,isolation probe,high impedence probe,active probe,current probe

Finite Element analysis, Need to understand the method for calculating the ...

Need to understand the method for calculating the maximum deflection and maximum stresses on a rigidly supported circular plate. The plate has a 500 mm radius and is 12mm thick.

Thermodynamics, original temp. of plate is 25 degree c.when put in burnace ...

original temp. of plate is 25 degree c.when put in burnace its upper part is 250 c and lower is 100 and mass is 56kg.find out heat transfer

Ewing’s molecular theory of magnetism, Ewing’s molecular theory of magnetis...

Ewing’s molecular theory of magnetism   Every molecule of a magnetic substance behaves as a tiny magnet called molecular magnet. In an unmagnetized state the molecular m

False alarms & cm , False Alarms & CM  The mis-association of false ...

False Alarms & CM  The mis-association of false alarms with target tracks has two main e!ects.  - It tends to increase the actual tracking errors in the system because

Electronics, explain compensated semiconductors

explain compensated semiconductors

Noise suppression in aircraft design, Noise Suppression in Aircraft Design:...

Noise Suppression in Aircraft Design: It has been seen that the first step towards noise suppression is at the design stage of the rotating and static parts of the engine. The

Vectors or matrices matlab, Vectors or matrices MATLAB can make and ope...

Vectors or matrices MATLAB can make and operate arrays of 1 (vectors), 2 (matrices), or more measurements. In the MATLAB language, a vector represents a one perspective (1×N or

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd