Transcription of ENGINEERING ECONOMICS
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ENGINEERING ECONOMICS
R. PanneerselvamR. PanneerselvamEngineering EconomicsEngineering EconomicsEngineering EconomicsNEW DELHI-1100012012R. PanneerselvamProfessorSchool of ManagementPondicherry UniversityRs. ECONOMICSby R. Panneerselvam 2001 by PHI Learning Private Limited, New Delhi. All rights reserved. No partof this book may be reproduced in any form, by mimeograph or any other means,without permission in writing from the export rights of this book are vested solely with the , 2012 Published by Asoke K. Ghosh, PHI Learning Private Limited, M-97, ConnaughtCircus, New Delhi-110001 and Printed by Meenakshi Art Printers, Great-Grand-fatherCONTENTSvPrefaceix1. INTRODUCTION1 ECONOMICS Flow in an Economy Law of Supply and Demand Concept of ENGINEERING Types of Definition and Scope of ENGINEERING ECONOMICS Elements of Other Marginal Marginal Sunk Cost Opportunity Cost Break-Even Analysis Profit/Volume Ratio (P/V Ratio) 12 Questions 132.
3.3.7 Uniform Gradient Series Annual Equivalent Amount 35 3.3.8 Effective Interest Rate 37 3.4 Bases for Comparison of Alternatives 38 Questions 39 4. PRESENT WORTH METHOD OF COMPARISON 42–54 4.1 Introduction 42 4.2 Revenue-dominated Cash Flow Diagram 42 4.3 Cost-dominated Cash Flow Diagram 43 4.4 Examples 44 Questions 52 5. FUTURE WORTH ...
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