Engineering Economist articles from March 1999

Engineering Economist archives from March 1999

Economic analysis of R&D projects: an options approach.
March 22, 1999... INTRODUCTION All major corporations annually allocate substantial funds for research and development (R&D). These R&D projects typically have high associated uncertainties with no immediate payoffs, which makes it difficult to economically...

Risk-neutral option pricing methods for adjusting constrained cash flows.
March 22, 1999... INTRODUCTION Discounted cash flow (DCF) analysis is probably the most common approach for evaluating projects with uncertain future cash flows. The fundamental assumption in these models is that a discount rate exists for each cash flow...

Engineering economic decision issues in environmentally conscious design and manufacturing.
March 22, 1999... INTRODUCTION Environmentally conscious design and manufacturing (ECDM) presents one of the most difficult challenges engineers have ever faced. It requires them to consider issues outside their area of expertise, far beyond the boundaries...

Design economics for electronics assembly.
March 22, 1999... INTRODUCTION Although most of a product's cost, typically about 80%, is determined early in the design stage, many design decisions are made during this stage with little knowledge of the effect on downstream cost centers. Manufacturing...

The research and experimentation tax credit - an engineering economist's perspective.
March 22, 1999... INTRODUCTION Technology policy is defined as the government's decisions of whether and how to intervene in private research and development (R&D), and its provision of funds for public R&D [16]. The research and experimentation (R&E) tax...

Suggestions for teaching engineering economy at the undergraduate level.
March 22, 1999... Let me start by saying that I wish I'd had Joe Hartman for my engineering economy course. The course he outlines is interesting, demanding, and valuable. I also find that I agree with much of his assessment of the current status of engineering...

Suggestions for teaching engineering economy at the undergraduate level.(response to article by Joseph C. Hartman in this issue, p. 110)
March 22, 1999... INTRODUCTION Unfortunately, teaching engineering economy at the undergraduate level has become stagnant and trivial. Course material has focused on cash-flow analysis while topics including cost estimating and decision analysis have been...