Template - Final Project
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School
Paris Junior College *
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Course
3302
Subject
Industrial Engineering
Date
Dec 6, 2023
Type
docx
Pages
5
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Final Project – Engineering Economic Analysis
Title: A Hospital Dilemma: Rivertown General's Expansion Options
Student Name: ______________________
R Number: ______________________
Department: ______________________
Table of Contents
Introduction
Part 1: Data Summary and Classification
Part 2: Cash Flow Analysis
Part 3: Rate of Return and Depreciation
Part 4: Ethical Considerations
Part 5: Code of Ethics Analysis
Part 6: Additional Ethical Issues and Solutions
Conclusion
References
Introduction
Briefly introduce the background of Rivertown General Hospital, its significance to the
community, and the need for expansion or renovation.
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1. Part 1: Data Summary and Classification
Question 1:
Table 1: Comparative Data for Option A and Option B
Present a table summarizing the costs, benefits, and revenue for both options.
Classification of Costs and Benefits:
Discuss each type of cost and benefit associated with each investment option.
2. Part 2: Cash Flow Analysis
Question 2: Figure 1: Cash Flow Diagram for Option A
Figure 2: Cash Flow Diagram for Option B
Question 3: Present Worth Analysis/Equivalent Uniform Worth Analysis:
Show the equations and results for each option.
3. Part 3: Rate of Return and Depreciation
Question 4: Figure 3: Rate of Return Plot for Option A and Option B using Excel
Discuss the results and identify the rate of return in your plot.
Question 5: Table 2: Double Decline Balance Depreciation Schedule for Equipment
Question 6: Table 3: After-tax Cashflow for Option A and Option B
Discuss the calculations and results.
4. Part 4: Ethical Considerations
Question 7: Ethical Issues and Conflicts: Discuss the ethical implications of anonymous
donations and the challenges it presents for each option.
5. Part 5: Code of Ethics Analysis
Question 8: Relevant Regulations from the Code of Ethics of the National Society of Professional
Engineers: Identify and explain the regulations that relate to the ethical dilemma presented.
6. Part 6: Additional Ethical Issues and Solutions
Question 9: Potential Ethical Issues: Discuss any other ethical issues that can arise from
adopting each option. Proposed Solutions: Provide recommendations to reduce the negative
impact of the presented ethical issues.
Conclusion
Provide a comprehensive conclusion based on your observations, calculations, and analyses.
Offer clear advice to the manager of the project on the best course of action.
Provide your references on a separate page using any academic formatting such as APA,
Chicago, or IEEE.