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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 the function and location of the components?
#questionA piece of Al weighing 6 kg and initially at a temperature of 300OC is suddenly immersed in a fluid at a temperature of 20OC. The convectice heat transfer coefficient is 5
what type of topic or subject is gud for the project before the final year project
list 10 major project topic in agricultural engineering
NOR Gate: Figure shows a further example of a 2 input digital gate, again consisting of two NPN transistors, TR1 and TR2, in a different configuration. When input A and input
write project note
Thrust augmentation: There are occasions when the maximum thrust from a basic gas turbine engine is inadequate and some method of increasing the available thrust is required wi
Q. What are refractory's? How are they classified? Give the essential requirements of good refractories. OR Discuss cla
defination of leverage,objectives,enterpritation,analysis,conclusion,references,review of literature.
NAND Gate; When constructing a NAND gate using transistors as the switching devices, the output often represents the 'inversion' of the "AND" gate. Figure 4 shows an example o
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