IE 260 • Midterm II + Final • Engineering Economics

Introduction

CPI vs PPI

Inflation rate

Example 1

Example 2

Example 3

Example 4

Actual Dollars vs Constant Dollars

Example 5

Example 6

Actual Dollar Analysis

Example 7

Example 8

Cost Estimation Approach

Example 1

Example 2

Quantitative Techniques

Index Technique

Example 3

Unit Technique

Factor Technique

Example 4

Power Sizing Technique

Example 5

Learning Curve

Example 6

Introduction

Example 1

Example 2

Economic Life

Example 3

Example 4

B/C Analysis

Conventional and Modified Methods

Example 1

Example 2

Incremental B/C Analysis

Example 3

Consideration of Inflation 1

Consideration of Inflation 2

Consideration of Inflation 3

Consideration of Inflation 4

Price changes and exchange rates 5

Consideration of Inflation 6

Consideration of Inflation 7

Consideration of Inflation 8

Cost Estimation 1

Cost Estimation 2

Cost Estimation 3

Replacement Decision 1

Replacement Decision 2

Replacement Decision 3

Replacement Decision 4

Replacement Decision 5

Replacement Decision 6

Benefit Cost Ratio 1

Benefit Cost Ratio 2

Conditioning Events

Total Probability Rule

Example 1

Example 2

Bayes' Rule

Bayes' Rule Example 1

Bayes' Rule Example 2

Introduction

A Decision Tree Example

Interpretation

EV or EMV

Example 1

Decision Strategies

Example 2

Risk Profiles

Example 3

Deterministic Dominance

Stochastic Dominance

Example 4

Introduction

Calculation of EVPI

Some notes about EVPI

Example EVPI

EVII or EVSI

Example EVII

Introduction

Different Risk Attributes

Example 1

Certainity Equivalent

Example 2

Decision Trees and Sensitivity Analysis 1

Decision Trees and Sensitivity Analysis 2

Value of Information 1

Value of Information 2

Value of Information 3

Utility Theory 1

Utility Theory 2

Utility Theory 3

Utility Theory 4