E3940 Engineering Economy
Text: Engineering Economy, 14th Edition, by
William G. Sullivan, Elin M. Wicks, and James Luxhoj
Instructor:
Chu, Chih-Peng chpchu@mail.ndhu.edu.tw
Huang, Ting-Kai, tingkai@ntu.edu.tw
Ke, Kuang-Han, koji_87@hotmail.com
Office Hours: After class and by
appointment
Objectives: To understand the
principles of engineering economics including: cost estimation, time value of
money operations, project analysis, decision analysis, market estimation,
pricing theory, and risk analysis.
Class Notes and Links: I will prepare some
class notes for special topics.
Report requirement:
• Research Paper: Write a review of an article in
a professional journal. The topic of the article will be an engineering economy
concept or method that interests you. The article must be from The
Engineering Economist, or IEEE Transactions on Engineering Management.
Follow these guidelines for writing the review.
Case Study Deliverables:
• A written report. Treat this report as a report to a
decision maker. Describe the problem and your approach to solving it. Be sure
to enumerate assumptions and cite outside resources utilized. Your report must
include evaluation criteria, results (detailed calculations may be included in
an annex to the report), a thorough description of your sensitivity analysis,
summarized results, and your recommended decision. Utilize visual aids such as
graphs, tables, and/or pictures as appropriate to clearly present your analysis
and recommendation. Electronic spreadsheet files may be (and probably should
be) submitted to the instructor to facilitate academic evaluation, but they are
not to be included as a part of your written report to the decision maker. • Be
sure to include a thorough explanation of your selection of the MARR you utilize
in your analysis.
• A brief oral presentation (no more than ten minutes) is
also required to provide this same information to the class for the first case
study.
Tentative Class Schedule:
|
Date |
Topic |
Assignment |
Instructor
|
|
(1)2/23 |
Introduction |
|
|
|
(2)3/2 |
Cost
Estimation |
|
|
|
(3)3/9 |
Cost Concept |
|
|
|
(4)3/16 |
Money-Time
Relationship |
|
|
|
(5)3/23 |
Applications
of Money-Time Relationship |
|
|
|
(6)3/30 |
Midterm
Test |
•
HW 4-37, 4-69, 5-4, 5-51 (a) and (b) •
Bring pen, 3 blank A4 sheets paper, Notebook computer
to 青年公園 at 9am!! Meet me at 怡客咖啡店! •
0921-146-390 •
Exam: five questions and one case!! For 2 hours! Open
book and notes! •
Five questions will be similar to HWs! |
|
|
(7)4/6 |
No Class |
|
|
|
(8)4/13 |
Dealing with Uncertainty |
|
Huang, Ting-Kai |
|
(9)4/20 |
The Benefit-Cost Method |
Ch 11 |
Huang, Ting-Kai |
|
(10)4/27 |
Venture capital |
Notes |
Huang, Ting-Kai |
|
(11)5/4 |
Decision
Analysis |
Notes |
|
|
(12)5/11 |
Industry
Case Study – Semiconductor
Industry Business Cycle |
Class |
Ke, Kuang-Han |
|
(13)5/18 |
Semiconductor
Industry Quarterly Report, (Brief
Visit of UMC Entrance – Screen) |
Field-Taiwan
Semiconductor Industry
Association (TSIA) |
Ke, Kuang-Han |
|
(14)5/25 |
Intro.
to International Trade & Currency |
Class |
Ke, Kuang-Han |
|
(15)6/1 |
Globalization,
Logistics, and Cost Management
(1hrTo/2Lecture/1Back) |
Field
Trip, |
Ke, Kuang-Han |
|
(16)6/8 |
Midterm
Test 2 |
|
Ke, Kuang-Han |
|
(17)6/15 |
Market
Estimation |
Notes |
|
|
(18)6/22 |
Final
Case Study Presentation |
Field |
|
Table of Contents
|
|
Preface |
|
|
Pt. I |
Fundamentals of Engineering Economy |
1 |
|
|
Introduction to Engineering Economy |
2 |
|
|
Cost Concepts and Design Economics |
23 |
|
|
Money-Time Relationships and
Equivalence |
70 |
|
Pt. II |
Basic Topics in Engineering Economy |
149 |
|
|
Applications of Money-Time
Relationships |
150 |
|
|
Comparing Alternatives |
197 |
|
|
Depreciation and Income Taxes |
253 |
|
|
Cost Estimation Techniques |
313 |
|
|
Price Changes and Exchange Rates |
368 |
|
|
Replacement Analysis |
406 |
|
|
Dealing with Uncertainty |
447 |
|
Pt. III |
Additional Topics in Engineering
Economy |
483 |
|
|
Evaluating Projects with the
Benefit-Cost-Ratio Method |
484 |
|
|
Engineering Economy Studies in
Investor-Owned Utilities |
519 |
|
|
Probabilistic Risk Analysis |
540 |
|
|
Capital Financing and Allocation |
586 |
|
|
Dealing with Multiattributed Decisions |
618 |
|
Pt. IV |
Appendixes |
641 |
|
A |
Accounting and Its Relationship to
Engineering Economy |
642 |
|
B |
Abbreviations and Notation |
660 |
|
C |
Interest and Annuity Tables for
Discrete Compounding |
665 |
|
D |
Interest and Annuity Tables for
Continuous Compounding |
684 |
|
E |
Standardized Normal Distribution
Function |
688 |
|
|
F: Selected References |
691 |
|
|
G: Answers to Problems |
695 |
|
|
Index |
708 |