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.
References in periodicals archive ?
Individual chapters are focused on decision-making models in systems engineering, engineering economy in systems engineering, and a wide variety of other related subjects.
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.
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.
engineering economy, the 600 Group will continue to go from strength to strength in the years to come.
Besides teaching on the DSMC faculty for more than 13 years, Frisch was also an adjunct professor for Virginia Polytechnic Institute and State University, as well as Massachusetts Institute of Technology, where he taught graduate courses in advanced engineering economy and management concepts.
A Virtual Classroom Experiment for Teaching Engineering Economy.
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