IE 260 (Fall 23) • Engineering Economics Analysis • Part I

Motivation

Key Words

A Simple Decision Model

Example

Cost Terminology

Terminology continued

Cash Flow Diagram

Interest

Price - Demand Relationship 1

Example 1

Exam Like Question 1

Price - Demand Relationship 2

Example 3

Example 4

Exam Like Question 2

Exam Like Question 3

Exam Like Question 4

Exam Like Question 5

Cost Estimation Approach

Example 1

Example 2

Quantitative Techniques

Index Technique

Example 3

Unit Technique

Factor Technique

Example 4

Exam Like Question 1

Power Sizing Technique

Example 5

Exam Like Question 2

Learning Curve

Example 6

Exam Like Question 3

Money-Time Relationship

Interest

Cash Flow

Example 1

Single Payment Formula

Example 2

Example 3

Example 4

Example 5

Exam Like Question 1

Remarks

Example 6

Example 7

Exam Like Question 2

Uniform Series (Annuity) 1

Example 8

Exam Like Question 3

Example 9

Uniform Series (Annuity) 2

Example 10

Example 11

Exam Like Question 4

Exam Like Question 5

Exam Like Question 6

Example 12

Exam Like Question 7

Finding n or i

Example 13

Example 14

Exam Like Question 8

Exam Like Question 9