Engineering Economist articles from March 1997

Engineering Economist archives from March 1997

A comparison between two multiattribute decision methodologies used in capital investment decision analysis.
March 22, 1997... INTRODUCTION Many studies have been done on multiattribute decision models that are used to evaluate manufacturing technologies. Saaty [19] introduced The Analytic Hierarchy Process (AHP), which is a hierarchical approach to modeling decision...

The effect of time-value of money on discrete time-varying demand lot-sizing models with learning and forgetting considerations.
March 22, 1997... INTRODUCTION It can be found in practice that the time or cost required to repetitively produce a unit of a product decreases when the number of units produced by a worker or a group of workers increases (see Yelle [29] and Belkaoui [2]). This...

Multiple options in parallel replacement analysis: buy, lease or rebuild.
March 22, 1997... INTRODUCTION Parallel replacement deals with the replacement of a multitude of economically interdependent assets which operate in parallel. Reasons for this economic interdependence include: (1) demand is generally a function of the assets as...

Integrating uncertainty considerations in learning engineering economy.
March 22, 1997... INTRODUCTION The purpose of engineering economy is to enable engineers and managers to accurately evaluate the economic consequences of capital investments in products, processes, and services. The time value of money, taxes and inflation are...

Product Warranty Handbook.
March 22, 1997... Marlin U. Thomas Purdue University Public demands for high quality products and services have stimulated the awareness and interest in warranties among consumers, government agencies and legislatures. Though a considerable number of articles...

Engineering Economic Principles.
March 22, 1997... Donald N. Merino Stevens Institute of Technology This is the second edition of Engineering Economics Principles that was first published in 1988. As Steiner states in the preface this a book on basic principles. As such, it covers well the...

Bridge and Structure Estimating.
March 22, 1997... Trefor P. Williams Rutgers University Bridge and Structure Estimating by J. David Nardon provides a comprehensive review of the procedures required to estimate the cost of bridge structures. The book is probably unique in focusing on bridge...