Contemporary Engineering Economics

Contemporary Engineering Economics

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Contemporary Engineering Economics, 5/e, is intended for undergraduate engineering students taking introductory engineering economics while appealing to the full range of engineering disciplines for which this course is often required: industrial, civil, mechanical, electrical, computer, aerospace, chemical, and manufacturing engineering, as well as engineering technology. This edition has been thoroughly revised and updated while continuing to adopt a contemporary approach to the subject, and teaching, of engineering economics. This text aims not only to build a sound and comprehensive coverage of engineering economics, but also to address key educational challenges, such as student difficulty in developing the analytical skills required to make informed financial decisions.An engineer points out, a€œIt took 20 years for the automatic transmission to become popular in Japan. ... If so, Toyotaa#39;s low-price strategy would generate annual losses of more than $100 million on the new compact. ... Why buy a $17, 000 Prius when a $13, 000 Corolla is more affordable? ... and Industry expected 2.4 million alternative-fuel vehicles, including hybrids, to roam Japana#39;s backstreets by 2010.

Title:Contemporary Engineering Economics
Author:Chan S. Park
Publisher:Prentice Hall - 2011


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