"Decisions made during the engineering design phase of product development determine the majority of the costs associated with the manufacturing of that product (some say that this value may be as high as 85%). Engineers must consider the effective use of capital assets such as buildings and machinery along with various design decisions. As design and manufacturing processes become more complex, engineers are making decisions that involve money more than ever before. In a larger context, project evaluation and selection ...
Read More
"Decisions made during the engineering design phase of product development determine the majority of the costs associated with the manufacturing of that product (some say that this value may be as high as 85%). Engineers must consider the effective use of capital assets such as buildings and machinery along with various design decisions. As design and manufacturing processes become more complex, engineers are making decisions that involve money more than ever before. In a larger context, project evaluation and selection techniques constitute an important body of knowledge for all engineers (regardless of their disciplines) concerned with making individual, corporate, and public investment decisions. Thus, the competent and successful engineer in the twenty-first century must have an improved understanding of the principles of science, engineering, and economics, coupled with relevant design experience. Increasingly, in the new world economy, successful businesses will rely on engineers with such expertise"--
Read Less
Add this copy of Contemporary Engineering Economics [Rental Edition] to cart. $431.96, good condition, Sold by TEXTSHUB rated 5.0 out of 5 stars, ships from Franklin Lakes, NJ, UNITED STATES, published 2022 by Pearson.
Add this copy of Contemporary Engineering Economics [Rental Edition] to cart. $440.71, good condition, Sold by Book Words rated 4.0 out of 5 stars, ships from Midland Park, NJ, UNITED STATES, published 2022 by Pearson.