Engineering Economist articles from June 1998

Engineering Economist archives from June 1998

Discount rates for government investment projects: the economic logic behind OMB Circular A-94.(US Office of Management and Budget)
June 22, 1998... INTRODUCTION U.S. Office of Management and Budget (OMB) Circular A-94 provides the following: "guidance on benefit-cost, cost-effectiveness, and lease-purchase analysis to be used by agencies in evaluating federal activities...[as...

On the use of the profit rate function in disassembly process planning.
June 22, 1998... INTRODUCTION Recycling of industrial and consumer products at the end of their life cycles has not gained full attention from industry until recently, due to the high process cost and to the low market value of scrap materials. However,...

Measures of liquidity risk supplementing fuzzy discounted cash flow analysis.
June 22, 1998... INTRODUCTION Discounted cash flow (DCF) methods are widely used in capital budgeting; however, determining cash flows (revenues, expenses) and discount rates as crisp values can lead to erroneous results in most of the real-life...

Machine selection and part assignment analysis under annual budget constraint: a capital budgeting case study.
June 22, 1998... INTRODUCTION The concept of outsourcing has been practiced for years by manufacturing industry. Outsourcing has both advantages and disadvantages. On the advantage side, organizations that practice outsourcing can increase their resource...

The mid-period and other approximations in the presence of uniform intraperiod cash flows: a critical evaluation of relative error.
June 22, 1998... INTRODUCTION In an uniform intraperiod cash flow, a uniform series of receipts or disbursements occurs at the end of each and every subperiod throughout an interest period. This type of cash flow is fairly common. As discussed in all...

Genetic Algorithms and Engineering Design.(Review)
June 22, 1998... John Wiley & Sons Inc., ISBN 0-471-12741-8, 411 pp., $89.95. David W. Coit Rutgers University The history of genetic algorithms (GAs) can be loosely partitioned into three overlapping chronological periods. As introduced by John...