EECE 450 — Engineering Economics — Formula Sheet
power -sizing exponent Size (capacity) of asset B Size (capacity) of asset A Cost of asset B Cost of asset A = = x x Learning Curve: learning curve exponent number of finished units time to make first unit time to make th unit log 2 log( learning curve rate) initial initial = = = = = = × b N T T N b T T N N b N Simple Interest:
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