engineering economy

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.
McGraw-Hill Dictionary of Scientific & Technical Terms, 6E, Copyright © 2003 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
In fact, to feed the growth required in our engineering economy, the North East must continue to attract and retain more talented graduates.
Grwp Llandrillo Menai's inclusion as a finalist recognises the group's long established links with partner companies such as Innogy UK and Babcock International Group as well as its links with a plethora of local engineering SMEs which form the backbone of the local engineering economy.
Individual chapters are focused on decision-making models in systems engineering, engineering economy in systems engineering, and a wide variety of other related subjects.
Islamabad, Pakistan), Ayoub Khan (C-DAC, Ministry of IT, India), Ahmad (Qatar U., Qatar), and 28 co-authors address a variety of topics such as cost analysis, ethics, organizational learning, engineering economy, and technology and process management.
To assist in understanding how to solve these problems, Cost Engineering and Analysis and Project Management knowledge, integrated into an undergraduate Engineering Economy Course will provide students with additional knowledge necessary to produce quality Capstone design projects and obtain useful skills for today's engineering work environment.
The two sides discussed the possibility of conducting joint MAs in engineering economy, resources management, material science, environment safety and computer engineering.
Welby has developed and taught several courses including Construction Law, Engineering Practice, Construction Management and Engineering Economy.
Engineering Economy. Transportation Engineering, Tom 52 (66), Fasc.1, p.
However, the autumn saw the most dramatic decline in the engineering economy in modern times and the second half of last year proved to be extremely difficult.
No doubt that the reviewed training book will draw much attention of a broad students' audience as well as scientific and technical (engineering) staff and higher school teachers dealing with not only building material production but with chemical, pharmaceutical and food technology as well as with heat-and-power engineering economy of these enterprises.
It's a major boost to regional employment prospects, not just in terms of the jobs created but in terms of the rest of the local engineering economy. Seadrill's managing director, Chris Levett, describes his marketplace as booming, saying that the oil and gas giants cannot get the stuff out of the ground fast enough.
Full browser ?