Engineering economics is O a. a body of knowledge to determine which of several alternative is technically best O b. a collection of techniques for quantitative analysis to select a preferable alternative from several technically viable ones O c.a set of tools to calculate an engineering project's costs O d. a set of rules to evaluate an engineering project O e. a set of methods to determine an engineering project's costs in terms of time value of money

Engineering economics is O a. a body of knowledge to determine which of several alternative is technically best O b. a collection of techniques for quantitative analysis to select a preferable alternative from several technically viable ones O c.a set of tools to calculate an engineering project's costs O d. a set of rules to evaluate an engineering project O e. a set of methods to determine an engineering project's costs in terms of time value of money

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Engineering economics is
a. a body of knowledge to determine which of several alternative is technically best
O b. a collection of techniques for quantitative analysis to select a preferable alternative from several
technically viable ones
O c. a set of tools to calculate an engineering project's costs
O d. a set of rules to evaluate an engineering project
O e. a set of methods to determine an engineering project's costs in terms of time value of money

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