Transcription of Engineering Economics Fundamentals
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Engineering Economics Fundamentals
Engineering economicsFebruary 3, 2010ME 483 Alternative Energy Engineering II1 Engineering Economics Engineering Economics FundamentalsFundamentalsLarry CarettoMechanical Engineering 483 Alternative Energy Alternative Energy Engineering IIEngineering IIFebruary 3, 2010 ReadingTonight and next Monday:Notes on Engineering economicsNext two classes: No assigned readingHomeworkThird homework assignment due next WednesdayEngineering economicsFebruary 3, 2010ME 483 Alternative Energy Engineering II22 Today s Class Review last class Modeling general fuels Air/fuel ratio and = relative ratio Products for complete combustion Combustion efficiency Time value of money Present and future worth Series of paymentsThe material in the lectures for tonight will be a review for students who have completed a course in Engineering economic analysis such as the MSE 304, Engineering Economy, course required of all Engineering majors at CSUN.
Engineering economics February 3, 2010 ME 483 – Alternative Energy Engineering II 1 Engineering Economics Fundamentals Larry Caretto Mechanical Engineering 483
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