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Measure of worth PW, ROR, B/C, ete. criterion

Measure of worth PW, ROR, B/C, ete. criterion

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Step in study Problem Objective 1 description statement Available data One or more approaches to meet objective Alternatives for solution Expected life Revenues Cash flows and 3 Costs other estimates Тахes Project financing Measure of worth PW, ROR, B/C, etc. criterion Engineering economic analysis Consider: • Noneconomic factors • Sensitivity analysis • Risk analysis Best alternative selection 6. Implementation and monitoring 7 Time passes New problem description New engineering conomy study begins 1
Transcribed Image Text:Step in study Problem Objective 1 description statement Available data One or more approaches to meet objective Alternatives for solution Expected life Revenues Cash flows and 3 Costs other estimates Тахes Project financing Measure of worth PW, ROR, B/C, etc. criterion Engineering economic analysis Consider: • Noneconomic factors • Sensitivity analysis • Risk analysis Best alternative selection 6. Implementation and monitoring 7 Time passes New problem description New engineering conomy study begins 1
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