Grant Principles Of Engineering ∗economy∗ 7ed - Hardcover

GRANT, EL

Hardcover

ISBN 10: 047106436X ISBN 13: 9780471064367

Publisher: John Wiley & Sons, 1982

Synopsis

In explaining the principles and techniques needed for making decisions about the acquisition and retirement of capital goods by industry and government, this volume stresses two basic points: firstly, it is the prospective differences between alternatives that are relevant in their comparison and secondly, the fundamental question regarding a proposed investment in capital goods is whether the investment is likely to be recovered along with a return commensurate with the risk and consistent with the return that could have been obtained from other opportunities. To make the learning of the basic principles intriguing, this text provides a large number of problems at the end of each chapter, with answers given to about one-quarter of them. Students are therefore able to check their progress as they go. This new edition features 476 problems, more than half of which are entirely new or substantially modified.

About this title

Product Description

The Eighth Edition of the standard engineering economy text and reference explains the principles and techniques needed for making decisions about the acquisition and retirement of capital goods by industry and government, as well as alternative types of financing and other applications. Arranged in four parts: basic concepts, principles, and mathematics; procedures and methods for evaluating alternatives; techniques for handling special situations; and special applications. Introduces the use of computers and spreadsheets in evaluating engineering alternatives. Includes up–to–date coverage of federal tax legislation, extensive discussions and problems dealing with personal finance, and material on handling multiple alternatives by rate of return and benefit/cost ratio methods. Contains numerous examples and 476 problems, many entirely new. Accompanied by a complete solutions manual for the instructor.

Edition details

• Publisher: John Wiley & Sons
• Publication date: 1982
• Language: English
• ISBN 10: 047106436X
• ISBN 13: 9780471064367
• Binding: Hardcover
• Number of pages: 688