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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.
Give two functions of dimensions.
Combustion chamber injection system: Injecting a water or water/methanol mixture into the combustion chambers increases the mass flow through the turbine and the high volumetri
2. Differentiate between stream oriented and data gram oriented socket in java?
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External air tappings: Engines vary as to the number of external air tappings and their usage. The following notes are taken from the Pratt and Whitney JT9D but have been simp
What are the importance of engineering thermodynamics
Estimators for control: Applying control by the state itself needs transducers measuring each componentof x. If instead we apply control using the estimate of state (as prov
merits of laser light curtains in terms of cost,ease-of-use,flexibility.
4-7 DuPont and Net Income Ebersoll Mining has $6 million in sales, its ROE is 12%, and its total assets turnover is 3.2x. The company is 50% equity financed, and it has no preferr
Source of drage Total Drag on an aerofoil is called profile drag - Skin friction • due to tangential force arising from friction - Pressure • Form - due to the inte
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