Basic Methodologies of Engineering Economic Analysis
Basic Methodologies of Engineering Economic Analysis
MARR and payback period method
- Minimum Attractive Rate of Return (MARR) is the minimum interest rate at which a firm can e...}
Basic Methodologies of Engineering Economic Analysis
Equivalent worth method and rate of return method
- The Net Present worth (NPW or NPV) of a given series of cash flow is the equivalent values...}
Basic Methodologies of Engineering Economic Analysis
Life Cycle costing, Financial and Economic Analysis, and Benefit cost Ratio Analysis
- Industry has used the LCC to help determine which project will cost less over the life of a...}