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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 types of fringes will be formed if white light is used in a Michelson''s interferometer
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
How do we classify the principal planes as minor and major principal planes?
if the response of a signal is h(t) then the cascading of two responses h1(t) and h2(t) is given by
How to draw schiography in a perspective view of an object
explain any two finishing processes in detail with neat diagram
WORKING OF I.C. ENGINE Basically there are 2 types of internal combustion engines; the two stoke type and the 4-stroke type. A brief description of these is given below: 1.
what is diode?
Diffuser action: The flare, which increases the area of the duct, is known as a diffuser and its shape determines the rate of compression and the amount by which the air is com
Suppose an investor acquired 1 Round lot of Walden stock at $30/share last year. If the investor received a $1.00 per share dividend during the year and sells the shares at year-en
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