Description

Key Features:Comprehensive glossaries enable students to clarify definitions at any time.Contains both risk analysis (Cheers) and spreadsheet software, whose functions include before-and-after-tax analysis, sensitivity and risk analysis, interest tables, loan analysis, and payback period. The student can apply concepts to real world problems without the tedium of manual problem solving.Homework problems updated and increased to about 25 per chapter, so that the instructor has a greater range of problems to choose from when preparing homework or exams.Chapter 9 (IRS tax and depreciation material) completely updated to conform to the Tax Reform Act 1986, as well as the most recent IRS publication rulings.24 chapters streamlined to 16 - less material makes this text more accessible for instructor and student use.Chapter 5 rewritten (rate of return material), particularly regarding the reinvestment question for positive period balances when computing the Internal Rate of Return (IRR).Humorous style makes difficult concepts such as the Internal Rate of Return more accessible.Advanced topics are also included in this text, such as sensitivity analysis, breakeven analysis, risk analysis, multicriteria and sequential decision making and productivity issues.Table of Content:Chapter 1 Introduction to Engineering Economics Chapter 2 Time Value of Money Chapter 3 Present Worth Comparisons Chapter 4 Equivalent Annual Worth Contributions Chapter 5 Rate of Return Calculations Chapter 6 Structural Analysis of Alternatives Chapter 7 Replacement Analysis Chapter 8 Public Projects Chapter 9 Depreciation and Income Tax Chapter 10 Effects of Inflation Chapter 11 Sensitivity Analysis Chapter 12 Breakeven Analysis Chapter 13 Risk Analysis Chapter 14 Multistage Sequential Analysis Chapter 15 Multiatribute Decision Making

Key Features:Comprehensive glossaries enable students to clarify definitions at any time.Contains both risk analysis (Cheers) and spreadsheet software, whose functions include before-and-after-tax analysis, sensitivity and risk analysis, interest tables, loan analysis, and payback period. The student can apply concepts to real world problems without the tedium of manual problem solving.Homework problems updated and increased to about 25 per chapter, so that the instructor has a greater range of problems to choose from when preparing homework or exams.Chapter 9 (IRS tax and depreciation material) completely updated to conform to the Tax Reform Act 1986, as well as the most recent IRS...  Read More