The design shear resistance, Vpl Rd of a fully restrained simply supported Universal Beam with yield strength 345 N/mm2 is 1,390 kN A point load of magnitude 1,949 kN is applied at the beam's mid-span The area of the web of the beam is Ay = 4,880 mm? The plastic modulus is Wply 2,787 cm3

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Engineering Economics Principles

Engineering economics (engineering economy) is a sub-field of economics to study the use and application of the economic principles in the engineering analysis of decisions along with the systematic evaluation of the advantages of project costs inclusive of engineering design and analysis. It emphasizes microeconomics (a subset of economics) for researching the behavior of people in the decision-making process of assigning and determining multiple alternatives to the usage of some of the restrained resources and merging economic theory and engineering practice in a practical manner. It depicts the logical framework of economics in addition to the analytical application of statistics and mathematics.