Ten principles of engineering economic analysis, Other Engineering

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.

Posted Date: 3/15/2013 5:26:34 AM | Location : United States







Related Discussions:- Ten principles of engineering economic analysis, Assignment Help, Ask Question on Ten principles of engineering economic analysis, Get Answer, Expert's Help, Ten principles of engineering economic analysis Discussions

Write discussion on Ten principles of engineering economic analysis
Your posts are moderated
Related Questions
Name and discuss the various uses of levelling in surveying


explain any 2 case tools in software engineering


i want 5 question for clipper and clamper along with their solution

Calculatethe tax disadvantage to organizing a U.S. business today, after passage of the Jobs and growth Tax relief reconciliation act of 2003, as a corporation versus a partnership

what type of projects are take place in the chemical engineering

Q. Discuss briefly the causes and remedies of misrun and cold shunts casting    Cold Shunt and Misrun : When the metal is unable to fill the     mould cavity completely and t

how does the Ip message finally reassemble?

Syntax and variable in matlab The MATLAB application is designed around the MATLAB terminology. The easiest method to perform MATLAB value is to type it in the Control Screen,