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Apr 20, 2024
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IMSE 530 - Engineering Economic Analysis Credits: 2
The analysis of the economic aspects of engineering/industrial projects. Focus on decision making among competing alternatives, including replacement decisions. It includes: cost estimating, time-value of money and effects of depreciation and taxation. Methods of comparing alternatives are developed, including: equivalent worth, rate of return, break even analysis, and benefit-cost ratio.
Note
This course period lasts the first ten weeks of a semester.
Requisites
Prerequisite: MATH 220.
Typically Offered
Fall, Spring
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