Computational Economic Analysis for Engineering and Industry

Computational Economic Analysis for Engineering and Industry
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By:"Adedeji B. Badiru","Olufemi A. Omitaomu"
"Technology & Engineering"
Published on 2007-06-07 by CRC Press

Adedeji“Deji” B. Badiru is the department head of systems and \u003cb\u003eengineering\u003c/b\u003e \u003cbr\u003e\nmanagement at the U.S. Air Force Institute of Technology (AFIT), Wright Patterson \u003cbr\u003e\nAir Force Base, Ohio. Previously head of industrial and information \u003cb\u003eengineering\u003c/b\u003e \u003cbr\u003e\nat ...

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Recent global anxiety indicates that more focus needs to be directed at economic issues related to industry. Conventional techniques often do not adequately embrace the integrated global factors that affect unique industries and industry focused computational tools have not been readily available. Until now. Computational Economic Analysis for Engineering and Industry presents direct computational tools, techniques, models, and approaches for economic analysis with a specific focus on industrial and engineering processes. Here are just a few of the topics you'll find: New economic analysis models and techniques Tent-shaped cash flows Industrial economic analysis Project-based economic measures Profit ratio analysis Equity break-even point Utility based analysis Project-balance analysis Customized ENGINEA software tool Engineering conversion factors The authors supply downloadable software, ENGINEA, that allows you to easily perform the various techniques outlined in the text, such as investment justification, breakeven analysis, and replacement analysis. Providing a high-level presentation of economic analysis of the unique aspects of industrial processes, they integrate mathematical models, optimization, computer analysis, and managerial decision processes. A comprehensive treatment of economic analysis considering the specific needs of industry, the book is a pragmatic alternative to conventional economic analysis books.

This Book was ranked 22 by Google Books for keyword Analysis of Engineering & Scientific Data on civil engineering.

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