Course Description
Engineering and managerial decision making. The theory of interest and its uses. Equivalent annual costs, present worth, internal rates of return, and benefit/cost ratios. Accounting depreciation and its tax effects. Economic lot size and similar cost minimization models. Sensitivity analysis. Cost dichotomies: fixed vs. variable, and incremental vs. sunk, use of accounting data. Replacement theory and economic life. Engineering examples.
Fall 2024
Instructors
Meeting Patterns
Classes Start:
August 19, 2024
Classes End:
December 3, 2024
Location:
00232A Withers Hall
Class Days:
M W
Class Start Time:
4:30pm
Class End Time:
5:45pm
Class Type:
Lecture
Credits:
3.00
Restrictions:
Prerequisite: Grade of C or better in MA 141
