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.
DE Program
Study Abroad
Regional Location
United Kingdom
Summer II 5W 2025
Instructors
Meeting Patterns
Classes Start:
June 28, 2025
Classes End:
August 2, 2025
Distance Education:
Yes
Class Days:
[TBA]
Class Type:
Lecture
Credits:
3.00
Restrictions:
Prerequisite: Grade of C or better in MA 141 Restricted to: Study Abroad Students Only