A further note on the fleet design problem.
INTRODUCTION
In [2], Jones and Zydiak discuss the steady state fleet design
problem, which has no natural initial distribution of vehicles, and
develop a new optimality criterion of minimizing . . .
Some economic decision problems in warranty planning.
INTRODUCTION
A warranty is a producer's guarantee that a product or service
will adequately meet performance requirements for a certain period.
Warranty costs carry a significant burden to . . .
Keeping it sophisticatedly simple in R&D project
management.
INTRODUCTION
RECIPE FOR STONE SOUP
Souder and Mandakovic [4] observed that "today, there is a
growing recognition that project-selection models should be used to ask
questions of the entire . . .
Improving system maintenance decisions: a value of information
framework.
INTRODUCTION
Over the last two decades, significant technological advances have
led to the development of highly automated and sophisticated systems in
the manufacturing, construction, and . . .
Current capital investment practices.
CURRENT CAPITAL INVESTMENT PRACTICES
Effective allocation of a company's capital resources is a key
to corporate success. Most theorists hold that effective allocation can
best be achieved with a . . .
Suggestions for teaching engineering economy at the undergraduate
level.(response to article by Joseph C. Hartman in this issue,
INTRODUCTION
Unfortunately, teaching engineering economy at the undergraduate
level has become stagnant and trivial. Course material has focused on
cash-flow analysis while topics including cost . . .
Suggestions for teaching engineering economy at the undergraduate
level.
Let me start by saying that I wish I'd had Joe Hartman for my
engineering economy course. The course he outlines is interesting,
demanding, and valuable. I also find that I agree with much of . . .
The research and experimentation tax credit - an engineering
economist's perspective.
INTRODUCTION
Technology policy is defined as the government's decisions of
whether and how to intervene in private research and development
(R&D), and its provision of funds for public R&D [16]. . . .
Design economics for electronics assembly.
INTRODUCTION
Although most of a product's cost, typically about 80%, is
determined early in the design stage, many design decisions are made
during this stage with little knowledge of the effect . . .
Engineering economic decision issues in environmentally conscious
design and manufacturing.
INTRODUCTION
Environmentally conscious design and manufacturing (ECDM) presents
one of the most difficult challenges engineers have ever faced. It
requires them to consider issues outside their . . .
Risk-neutral option pricing methods for adjusting constrained
cash flows.
INTRODUCTION
Discounted cash flow (DCF) analysis is probably the most common
approach for evaluating projects with uncertain future cash flows. The
fundamental assumption in these models is that . . .
Economic analysis of R&D projects: an options
approach.
INTRODUCTION
All major corporations annually allocate substantial funds for
research and development (R&D). These R&D projects typically
have high associated uncertainties with no immediate . . .
Genetic Algorithms and Engineering Design.(Review)
John Wiley & Sons Inc., ISBN 0-471-12741-8, 411 pp., $89.95.
David W. Coit Rutgers University
The history of genetic algorithms (GAs) can be loosely partitioned
into three overlapping . . .
The mid-period and other approximations in the presence of
uniform intraperiod cash flows: a critical evaluation of relative
err
INTRODUCTION
In an uniform intraperiod cash flow, a uniform series of receipts
or disbursements occurs at the end of each and every subperiod
throughout an interest period. This type of cash flow . . .
Machine selection and part assignment analysis under annual
budget constraint: a capital budgeting case study.
INTRODUCTION
The concept of outsourcing has been practiced for years by
manufacturing industry. Outsourcing has both advantages and
disadvantages. On the advantage side, organizations that . . .
Measures of liquidity risk supplementing fuzzy discounted cash
flow analysis.
INTRODUCTION
Discounted cash flow (DCF) methods are widely used in capital
budgeting; however, determining cash flows (revenues, expenses) and
discount rates as crisp values can lead to erroneous . . .
On the use of the profit rate function in disassembly process
planning.
INTRODUCTION
Recycling of industrial and consumer products at the end of their
life cycles has not gained full attention from industry until recently,
due to the high process cost and to the low . . .
Discount rates for government investment projects: the economic
logic behind OMB Circular A-94.(US Office of Management and
Budg
INTRODUCTION
U.S. Office of Management and Budget (OMB) Circular A-94 provides
the following:
"guidance on benefit-cost, cost-effectiveness, and
lease-purchase analysis to be used by agencies . . .
Automobile replacement case studies for engineering economy
classes.
INTRODUCTION
Case studies have long been used to supplement material in a
variety of courses, including engineering economics. The development of
a case study that is both interesting to . . .
Determination of the optimal procurement policy under integrating
working capital.
INTRODUCTION
In view of the interrelationships among inventory, procurement,
cash discounts, accounts payable and accounts receivable policies, both
academicians and practitioners appear to have . . .
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