engineering economy

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engineering economy

[‚en·jə′nir·iŋ i′kän·ə·mē]
(industrial engineering)
Application of engineering or mathematical analysis and synthesis to decision making in economics.
The knowledge and techniques concerned with evaluating the worth of commodities and services relative to their cost.
Analysis of the economics of engineering alternatives.
References in periodicals archive ?
To engineers in all of the engineering disciplines, Yates introduces the formulas, methods, and processes required to perform engineering economic analysis.
Shawn allowed me to use his thesis in UAA classes on engineering economics and hoped that his work had real merit.
KTU journal Electronics and Electrical Engineering, Information Technology and Management, Mechanics, Materials, Engineering Economics publishing and development services.
Now it has over 700 professionals and support staff and provides services in diversified fields of engineering economics architecture construction management information technology geospatial technologies and social sciences.
The multilateral development institution is owned by 67 members - out of which 48 are in the region - and has a multitude of professionals with expertise in a wide range of fields such as engineering economics environmental sciences and sociology.
Sapere Aude: Professor Edmundas Kazimieras Zavadskas, Inzinerine Ekonomika Engineering Economics (5): 113-119.
My engineering economics professor defined engineering as "The study of economic alternatives--if the bridges in your city are no longer high enough for today's tall ships to pass under, then before you raise the bridges, consider lowering the river.
He teaches Organizational Behavior, Operations Research, Statistics, Engineering Economics, Simulation, Information Systems, Constraints Management and other special topics.
This paper describes how the concepts of Cost Engineering and Analysis and Project Management were integrated into an Engineering Economics Course and a Senior Capstone Project Design Course necessary for undergraduate degree requirements for civil engineering students.
Case study methodology is also used to illustrate logistics planning and inventory control beginning with a discussion of RFID engineering economics.
The university offers 46 undergraduate programs in the following 8 academic disciplines, namely arts, science, engineering, medical science, law, pedagogy, Chinese language and literature, Physical education, Fine arts, Cartoons, Accounting , Calligraphy ,Biology , Textile Engineering economics and management etc.
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