000			03070nam a22003137a 4500
003			OSt
005			20241116091254.0
008			241113b |||||||| |||| 00| 0 eng d
020			_a9789395337748 [hardbound]
040			_aUniversity of Cebu-Banilad _cUniversity of Cebu-Banilad
100			_aAri, Vijay Kumar, _eauthor.
245			_aEngineering economics / _cDr. Vijay Kumar Ari, Dr. Randheer Singh Bhinchar.
250			_aFirst edition.
260			_aNew Delhi, India : _bParadise Press, _cc2023.
300			_avii, 272 pages : _billustrations (black and white) ;
336			_2rdacontent _atext
337			_2rdamedia _aunmediated
338			_2rdacarrier _avolume
504			_aIncludes bibliographical references and index.
505			_a1 Pricing determination under oligopoly market in economics -- 2 Capital flows -- 3 Marginal cost and management -- 4 The investment decision making -- 5 Cash flows -- 6 Theory of public goods and economics -- 7 Inventory management and capital analysis -- Chapter 8 Project cost and management.
520			_a"Engineering economy is the process of making rational and intelligent decision associated with the allocation of scarce resource in circumstances in which alternatives can be enumerated. Engineering economics, previously known as engineering economy, is a subset of economics concerned with the use and application of economic principles in the analysis of engineering decisions. As a discipline, it is focused on the branch of economics known as microeconomics in that it studies the behavior of individuals and firms in making decisions regarding the allocation of limited resources. Thus, it focuses on the decision-making process, its context and environment. It is pragmatic by nature integrating economic theory with engineering practice. But it is also a simplified application of microeconomics theory in that it assumes elements such as price determination, competition and demand/supply to be fixed inputs from other sources, As a discipline through, it is closely related to others such as statistics, mathematics and cost accounting. It draws upon the logical framework of economics but adds to that the analytical power of mathematics and statistics. Engineering economics quantifies the benefits and cost associating with engineering projects to determine if they save enough money to warrant their capital investments. Engineering economics requires the application of engineering design and analysis principles to provide goods and services that satisfy the consumer at an affordable cost. This book is provides engineers with skills to assess the costs and benefits of engineering investments, such as product and technology development programs and capital purchases." --Backcover
541			_aPurchased _yCollege of Industrial Engineering _zIndustrial Engineering
546			_aText in English
650			_aEngineering economy
700			_aBhinchar, Randheer Singh, _eauthor.
942			_2ddc _cBK
998			_cAdryann [new] _d11/13/2024
999			_c13021 _d13021