Revisión del editorEngineering Economics is a Education aplicación for Android phones and tablets developed by Softecks. The latest APK version of Engineering Economics is 2.7 compatible with Nexus, Sumsung Galaxy, LG, Huawei and Kindle Fire mobile phones and android devices having system version 4.2 and higher. The last mod was released on 09-dic.-2020 and has google play package name in.softecks.engineeringeconomics. Please read the details about the aplicación below. Easy and fast Engineering Economics APK download of the android version 2.7 is available directly on ApkGain.com. Engineering Economics APK is the property and trademark from the developer Softecks. Please note that we only provide the original and free apk package installation without any modifications. Check our "safe download" sign to get the latest report from McAfee to see if the Engineering Economics download is completely secure. Customers who installed and used this aplicación gave over 10 user ratings with an average rating 3,0 of 5 stars relating to Engineering Economics. More than 1000 people have used this aplicación by now. Join them now and download Engineering Economics aplicación APK directly on our ApkGain.com play market!
Descripción
✴Engineering Economics is a subject of vital importance to Engineers. This subject helps one understand the need for the knowledge of Economics for being an effective manager and decision maker.✴
►The Economics theories are used to take decisions related to uncertain and changing business environment. Economics theories deal with the principles of demand, pricing, cost, production, competition, trade cycles, and national income and so on.✦
☆“Engineering Economics refers to those aspects of economics and its tools of analysis most relevant to the Engineer’s decision making process”.☆
❰❰ The seven-step procedures used to assist the decision making are: ❱❱
1. The recognition, definition and evaluation of the problem.
2. Search for potential as well as feasible alternatives.
3. Incorporating the basic cash flow approach.
4. Decision should serve the long term interest of the organisation.
5. Analysing the economic aspects of the engineering problem.
6. The preferred alternative is based on the total effort.
7. Attention to ensure feedback for improvement of operation.
【 Topics Covered in this App are Listed Below 】
⇢ Engineering Economics: Meaning and Characteristics
⇢ Engineering Economics Overview
⇢ Cash-Flow Concepts
⇢ Cash-Flow Diagrams
⇢ Interest Calculations
⇢ Interest Factors
⇢ Present Worth
⇢ Interest Periods
⇢ Sinking fund factor
⇢ Capital recovery factor
⇢ Series present worth factor
⇢ Other Interest Calculation Concepts
⇢ Comparison of Alternatives
⇢ Discount Rate
⇢ Inflation and the discount rate
⇢ Present Worth
⇢ Annual Cost
⇢ Rate of Return
⇢ Benefit-Cost Analysis
⇢ Identification of Relevant Benefits and Costs
⇢ Measurement of Benefits and Costs
⇢ Selection of Best Alternative
⇢ Treatment of Uncertainty
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