Engineering Economy
8th Edition
ISBN: 9780073523439
Author: Leland T Blank Professor Emeritus, Anthony Tarquin
Publisher: McGraw-Hill Education
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Chapter 1, Problem 53APQ
To determine
Non-economic attributes.
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In decision making process, the most important role of engineering economist is to define feasible alternatives.
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Identify at least three noneconomic attributes that may be used as evaluation criteria in the decisionmaking process.
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Chapter 1 Solutions
Engineering Economy
Ch. 1 - Prob. 1PCh. 1 - Prob. 2PCh. 1 - Prob. 3PCh. 1 - Prob. 4PCh. 1 - Prob. 5PCh. 1 - Prob. 6PCh. 1 - Prob. 7PCh. 1 - Prob. 8PCh. 1 - Prob. 9PCh. 1 - Prob. 10P
Ch. 1 - Prob. 11PCh. 1 - Prob. 12PCh. 1 - Prob. 13PCh. 1 - Prob. 14PCh. 1 - Prob. 15PCh. 1 - Prob. 16PCh. 1 - Determine the amount of money FrostBank might loan...Ch. 1 - Prob. 18PCh. 1 - Prob. 19PCh. 1 - Prob. 20PCh. 1 - Prob. 21PCh. 1 - Prob. 22PCh. 1 - Prob. 23PCh. 1 - Prob. 24PCh. 1 - To attract new customers, EP Employees Credit...Ch. 1 - Prob. 26PCh. 1 - Prob. 27PCh. 1 - Prob. 28PCh. 1 - Prob. 29PCh. 1 - Prob. 30PCh. 1 - Prob. 31PCh. 1 - Prob. 32PCh. 1 - State University tuition and fees can be paid...Ch. 1 - Prob. 34PCh. 1 - Prob. 35PCh. 1 - Prob. 36PCh. 1 - Prob. 37PCh. 1 - Prob. 38PCh. 1 - Prob. 39PCh. 1 - Prob. 40PCh. 1 - Prob. 41PCh. 1 - Prob. 42PCh. 1 - Prob. 43PCh. 1 - What is the weighted average cost of capital for a...Ch. 1 - Prob. 45PCh. 1 - Prob. 46PCh. 1 - Prob. 47PCh. 1 - Prob. 48ESCh. 1 - Prob. 49ESCh. 1 - Prob. 50ESCh. 1 - Prob. 51ESCh. 1 - Prob. 52APQCh. 1 - Prob. 53APQCh. 1 - Prob. 54APQCh. 1 - Prob. 55APQCh. 1 - Prob. 56APQCh. 1 - Prob. 57APQCh. 1 - Prob. 58APQCh. 1 - Prob. 59APQCh. 1 - Prob. 60APQCh. 1 - Prob. 61APQCh. 1 - Prob. 1CSCh. 1 - Prob. 2CSCh. 1 - You developed an interest in the LCOE relation and...
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- When faced with different alternatives, there are many criteria that can be used to identify the best one. What is the tangible criterion that is usually used in an engineering economic analysis?arrow_forwardPlant design economics Only part (iii) required i.e plotarrow_forwardAll of the following are examples of noneconomic factors except: (a) Availability of resources (b) Goodwill (c) cost (d) Customer acceptance (e) None of the above a C darrow_forward
- Discuss the importance of alternative identification in the engineering economic process.arrow_forwardA bulk materials hauler purchased a used dump truck for $50,000 two years ago. The operating costs have been $5000 per month and revenues have averaged $7500 per month. The truck was just sold for $11,000. The rate of return is closest to: (a) 2.6% per month (b) 2.6% per year (c) 3.6% per month (d) 15.6% per yeararrow_forwardI need the solution of Part (b) & (c) only.arrow_forward
- An investment of $60,000 ten years ago resulted in uniform income of $10,000 per year for the 10-year period. The rate of return on the investment was closest to: (a) 10. 6% per year (b) 14. 2% per year (c) 16. 4% per year (d) 18. 6% per year (e) Any of the above b darrow_forwardAs part of your inheritance, you received a bond that will pay interest of $700 every 6 months for 15 years. If the coupon rate is 7% per year, the face value of the bond is (a) $10,000 (b) $20,000 (c) $30,000 (d) $40,000arrow_forwardA single deposit of $25,000 was made by your grandparents on the day you were born 25 years ago. The balance in the account today if it grew at 10% per year is closest to: (a) $201,667 (b) $241,224 (c) $270,870 (d) $296,454arrow_forward
- All of the following are noneconomic attributes except: (a) Sustainability (b) Morale (c) Taxes (d ) Environmental acceptabilityarrow_forwardTypes of Engineering Economic decisions may include: (1) Service or quality improvement, (2) new product or product expansion, (3) equipment and process selection, (4) cost reduction, and (5) equipment replacement. Thus, there are many ways/tools/methods presented in the course MEM_502 that would contribute making decisions, recommending, and selecting an alternative (i.e. decision tree, cost analysis, etc.). Summarize at least ten (10) tools, and explain the criteria’s behind any three of them.arrow_forwardA $10,000 mortgage bond that is due in 20 years pays interest of $250 every 6 months. The bond coupon rate is: (a) 2.5% per year, payable quarterly (b) 5.0% per year, payable quarterly (c) 5% per year, payable semiannually (d) 10% per year, payable quarterlyarrow_forward
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