MECH 4147 - Engineering Economy

Applies economic and financial principles to evaluation of engineering alternatives. Calculation of annual costs, present worth, and prospective rates of return on investment. Review of systems analysis techniques, including simulation, linear programming, and project scheduling. Restriction: Restricted to MECH majors at the junior or higher level standing within the College of Engineering, Design and Computing. Cross-listed with CVEN 4077. Max Hours: 3 Credits. Semester Hours: 3 to 3 Semester Hours: 3 to 3