Engineering Economist articles from September 1995

Engineering Economist archives from September 1995

Investments viewed as growth processes.
September 22, 1995... INTRODUCTION A major group of investments utilizes capital resources. These investments, usually characterized by major cash outflows, are used to acquire production facilities that, in turn, generate cash inflows. Furthermore, capital...

Monitoring projects using cash flow control charts.
September 22, 1995... INTRODUCTION Capital budgeting traditionally has been more concerned with project selection, appraisal and implementation. Until recently, little emphasis has been placed on Post Completion Audits (PCA), as problems of semantics and...

Shape characteristics of cost curves involving multiple shifts in automotive assembly plants.
September 22, 1995... INTRODUCTION Classical economic textbooks typically assert that a firm's marginal cost curve is convex or U-shaped, and that to maximize profit the firm should produce where marginal cost equals marginal revenue (see Ferguson [1]). We...

A note on the fleet design problem. (response to P.C. Jones and J.L. Zydiak, The Engineering Economist, vol. 38, p. 83, 1993)
September 22, 1995... INTRODUCTION Jones and Zydiak [1] developed an optimality criterion to determine the optimal steady-state fleet design. According to the authors, the development of this "new" criterion for finding the optimal replacement cycle was...

Some open problems in pure capital rationing theory.
September 22, 1995... INTRODUCTION Starting from the pioneer works by Weingartner [16] to [18], the problems of capital rationing (C.R. in the following) have received much attention, both in their pure and non-pure version (i.e., when borrowing and/or...

Capital Budgeting and Long-Term Financing Decisions, 2d ed.
September 22, 1995... The Dryden Press, Fort Worth, Texas, 1995, xxiii + 881 pp. ISBN 0-03-075477-1. List: $64.00. This is the best available book of which I am aware for a first-year, graduate-level course on Capital Budgeting and/or Long-Term Financing...

The Practice of Engineering Management: A New Approach.
September 22, 1995... John Wiley and Sons, Inc., New York, 1994, xix + 235 pp. ISBN 0471-93974-9. List: $39.95. This book offers a new look at the practice of engineering management. Its purpose is to relate "modern" management concepts to engineering. The...