Engineering Economics: A detailed introduction of different techniques

Engineering Economics: A detailed introduction of different techniques

Introduction to Economics

Introduction to Economics, Engineering Economics and flow in an economy

Law of supply and demand

Concept of engineering economics, Types of efficiency, Principles of Engineering Economics and Engineering Economics analysis procedure

Different types (elements) of costs

Break - Even analysis

Contribution / Margin of Safety / Profit volume ratio
    Solved problem on Break Even Analysis - 1
    Solved problem on Break Even Analysis - 2
Elementary Economic Analysis
Material selection for a product
    Solved problem on Material selection - 1
    Solved problem on Material selection - 2
Building material selection and Solved problem
Design selection for a product and Solved problem 
Solved problem on design selection for a process industry
Process selection / Process planning and Solved problem

Value Engineering

Make or buy decision
Make or buy decision approach: Simple cost analysis
Make or buy decision approach: Economic analysis
Make or buy decision approach: Break even analysis
Value analysis
Value engineering
Interest formulae and their applications
Single payment compound amount factor
Single payment present worth factor
Equal Payment series compound amount factor
Equal payment series sinking fund factor
Equal payment series payment Present worth factor
Equal payment series capital recovery factor
Uniform gradient series annual equivalent factor
Effective interest rate

Cash Flow

Methods of comparison of alternatives
Present worth method - Revenue dominated cash flow diagram & Cost dominated cash flow diagram

    Solved Problem on present worth method - 1

    Solved Problem on present worth method - 2

    Solved Problem on present worth method - 3

    Solved Problem on present worth method - 4
Future worth method - Revenue dominated cash flow diagram & Cost dominated cash flow diagram

    Solved Problem on future worth method - 1
    Solved Problem on future worth method - 2
    Solved Problem on future worth method - 3
    Solved Problem on future worth method - 4
    Solved Problem on future worth method - 5
    Solved Problem on future worth method - 6

Annual equivalent method - Revenue dominated cash flow diagram & Cost dominated cash flow diagram

    Solved Problem on annual equivalent method - 1
    Solved Problem on annual equivalent method - 2
    Solved Problem on annual equivalent method - 3
    Solved Problem on annual equivalent method - 4

Rate of return method

    Solved Problem on rate of return method - 1
    Solved Problem on rate of return method - 2
    Solved Problem on rate of return method - 3

Replacement and Maintenance Analysis

Maintenance and types of maintenance
Replacement analysis and types of replacement problem
Determination of economic life of an asset
    Solved Problem on determination of economic life of an asset - 1

    Solved Problem on determination of economic life of an asset - 2

Replacement of an asset with a new asset –capital recovery with return and concept of challenger and defender
    Solved Problem on Replacement of an asset with a new asset - 1
    Solved Problem on Replacement of an asset with a new asset - 2
Simple probabilistic model for items which fail completely
    Solved Problem on Simple probabilistic model (Individual replacement or Group replacement) -1
    Solved Problem on Simple probabilistic model (Individual replacement or Group replacement) -2

Depreciation

Depreciation
Straight line method of depreciation
    Solved Problem on Straight line method of depreciation
Declining balance method of depreciation
    Solved Problem on Declining balance method of depreciation
Sum of the years digits method of depreciation
    Solved Problem on Sum of the years digits method of depreciation
Sinking fund method of depreciation/ Annuity method of depreciation
    Solved Problem on Sinking fund method of depreciation
Service output method of depreciation
Evaluation of public alternatives
    Solved Problem on Evaluation of public alternatives -1
    Solved Problem on Evaluation of public alternatives -2
Inflation adjusted decisions(Procedure to adjust inflation, Types of inflation)