Engineering Economist articles from January 1993

Engineering Economist archives from January 1993

The fleet design problem.
January 1, 1993... Introduction Managing a fleet of vehicles requires purchasing, operating and maintaining, and replacing capital equipment like buses and planes that provide transportation services. Some public transit officials, for example, manage...

A case study of economic justification of expert systems in maintenance operations.
January 1, 1993... Introduction There has been a significant increase in the applications of expert systems over the past several years [1]. Much of the interest has been in the actual development of expert systems with relatively little study of the...

The case for a generalized net present value formula.
January 1, 1993... Introduction Academicians have long favored net present value over the internal rate of return (IRR) as a criterion for evaluating investment or financing opportunities. One frequently cited reason for preferring net present value is...

A unifying framework for cost recovery rules.
January 1, 1993... 1 - Introduction This paper presents a unifying framework for describing and comparing cost recovery rules in engineering economics. Cost recovery rules (straight line rule, sum-of-digits rule, declining balance rule, MACRS rules, etc)...

Reputation, information and project termination in capital budgeting.
January 1, 1993... Introduction The Net Present Value (NPV) rule of financial theory gives management a criterion for choosing between abandonment versus continuation of capital projects. Statman and Caldwell (S&C) [17] summarize the criterion as follows;...

Evaluacion Economica De Inversiones.
January 1, 1993... Editorial Norma S.A., A.A.53550, Bogota, Colombia 1989, 512 pp., ISBN 958-04-0867-X (Paperback) List Price not available. This edition of the Rodrigo Varela V. book on Economic Evaluation of Investment is intended to be used in an...

Investment Appraisal for Chemical Engineers.
January 1, 1993... Editors, AIChE Symposium Series Vol. 87, No. 285, American Institute of Chemical Engineers, New York, 1991, iv + 135 pp. ISBN 0-81690562-2, (Paperback). List: $48 for members of American Institute Of Chemical Engineers. $60 for others. The...

Spreadsheet Applications in Engineering Economics.
January 1, 1993... West Publishing Company, St. Paul, Minnesota, 1992 xi + 142 pp. + 2 diskettes, ISBN 0-314-87680-4. (Paperback). List: $21.75 There is little doubt that the use of spreadsheets can very significantly enhance the Engineering Economic (EE)...

Economics of Advanced Manufacturing Systems.
January 1, 1993... Editors, Chapman and Hall, London, 1992, xix + 373 pp. ISBN 0-442-31516-3. List: $89.00. The proliferation of powerful and low cost computer systems has been the impetus for tremendous growth in the number as well as the size of advanced...