Engineering Economy: United States Edition - Couverture rigide

Engineering Economy

Fourteenth Edition

William G. Sullivan

Elin M. Wicks

C. Patrick Koelling

A succinct job description for an engineer consists of just two words: problem solver. Broadly speaking, engineers use knowledge to find new ways of doing things economically. Engineering design solutions do not exist in a vacuum, but within the context of a business opportunity. Truly, every problem has multiple solutions, so the question is, �??How does one rationally select the design solution with the most favorable economic result?�?? The answer to this question can also be put forth in two words: engineering economy. This field of engineering provides a systematic framework for evaluating the economic aspects of competing design solutions. Just as engineers model the stress on a support column or the thermodynamic properties of a steam turbine, they must also model the economic impact of their engineering recommendations. Engineering economy is the subject of this textbook.

Highlights of Engineering Economy, Fourteenth Edition:

�?        Fifty percent of end-of-chapter problems are new or revised.

�?        A bank of algorithmically generated test questions is available to adopting instructors.

�?        Fundamentals of Engineering (FE) exam-style questions are included among the end-of-chapter problem sets.

�?        Spreadsheet models are integrated throughout.

�?        An appendix on the basics of accounting is included in Chapter 2.

�?        Chapter 3 on Cost Estimation appears early in the book.

�?        An appendix on techniques for using Excel in engineering economy is available for reference.

�?        Numerous comprehensive examples and case studies appear throughout the book.

�?        Extended learning exercises appear in most chapters.

�?        Personal finance problems are featured in most chapters.

�?        Many pointers to relevant Web sites are provided.

ISBN-13: 978-0-13-614297-3

ISBN-10: 0-13-614297-4

"Adopters who want to teach their students how to solve the problems they are likely to encounter on the FE should be happy with Sullivan... Sullivan has passed the test of time for good reasons." — William Shughart, University of Mississippi

"I think that Sullivan et al. is clearer and easier to read than some of the other texts. It sticks to application more than theory and has a lot of examples and problems." — Karen Bursic, University of Pittsburgh

"There is a wealth of end-of-chapter problems that are both well done and written in a way that students, in general, understand what is being asked. The text has proven the test of time and has been honed to a fine edge." — Patrick Knelling, Virginia Polytechnic Institute