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Engineering Economics - MIT OpenCourseWare

Engineering Economic Analysis: Slide 1 Econ & Enviro Issues In Materials selection Randolph KirchainMassachusetts Institute of Technology Department of Materials Science & Engineering Massachusetts Institute of TechnologyDepartment of Materials Science & EngineeringEngineering Economics : Comparing Financial Characteristics of Design Options Engineering Economic Analysis: Slide 2 Econ & Enviro Issues In Materials selection Randolph KirchainMassachusetts Institute of Technology Department of Materials Science & Engineering Massachusetts Institute of TechnologyDepartment of Materials Science & EngineeringEngineering Econ Example: Comparing Alternatives BIG DIG $$$$ $$ $$Where Should You Build?

caf ≡ Compound Amount Factor P … Common notation: 0 123 n-1 n F = P(F/P, i%, N) 3.080 Econ & Enviro Issues In Materials Selection Massachusetts Institute of Technology Department of Materials Science & Engineering Randolph Kirchain Engineering Economic Analysis: Slide 16 Formulae for N Periods – Single Payments Present Amount = F F = F ...

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