Download Engineering Economy Sixteenth Edition By William G. Sullivan And Elin M. Wicks And C. Patrick Koelling Easily In PDF Format For Free.
A Succinct Job Description For An Engineer Consists Of Two Words: Problem Solver. Broadly Speaking, Engineers Use Knowledge To Find New Ways Of Doing Things Economically. Engineering Design Solutions Do Not Exist In A Vacuum But Within The Context Of A Business Opportunity. Given That Every Problem Has Multiple Solutions, The Issue Is, How Does One Rationally Select The Design With The Most Favorable Economic Result? The Answer To This Question Can Also Be Put Forth In Two Words: Engineering Economy.
Engineering Economy Provides A Systematic Framework For Evaluating The Economic Aspects Of Competing Design Solutions. Just As Engineers Model The Stress On A Support Column, Or The Thermodynamic Response Of A Steam Turbine, They Must Also Model The Economic Impact Of Their Recommendations. Engineering Economy—What Is It, And Why Is It Important? The Initial Reaction Of Many Engineering Students To These Questions Is, “Money Matters Will Be Handled By Someone Else.
This Book Has Two Primary Objectives: (1) To Provide Students With A Sound Understanding Of The Principles, Basic Concepts, And Methodology Of Engineering Economy; And (2) To Help Students Develop Proficiency With These Methods And With The Process For Making Rational Decisions They Are Likely To Encounter In Professional Practice. Interestingly, An Engineering Economy Course May Be A Student’s Only College Exposure To The Systematic Evaluation Of Alternative Investm Designent Opportunities.
