Engineering Cost Analysis

3 units

This course is offered as a free elective for all junior or senior students in an Engineering major. It explores the topics that would benefit the capstone design course as well as the preparation for FE exam. The topics include: 1.Making Economic Decisions 2.Engineering Costs and Cash Flow Diagram 3.Time Value of Money 4.Cash Flow Equivalence 5.Present Worth Analysis 6.Equivalent Uniform Annual Cost (EUAC) 7.Rate of Return (ROR) analysis 8.Best Alternative Analysis 9.Benefit Cost Ratio and Break even analysis 10.Depreciation and MACRS analysis