Engineering Economy Edition 6

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Engineering Economy Edition 6

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Lastly, may be missing components, e. Three estimates 3. Expected value 4. Expected value of cash flows 5. Decision trees.

Principles of Engineering Economic Analysis, 6th Edition

Y All Rights Reserved Sct Vary that parameter from some low value to an assumed high value. Plot the resultant values on the Y-axis. Y All Rights Reserved Spider Plot: Figure Those plots with positive slope have a positive correlation on the output variable: Those plots with negative slope have a inverse relationship with the output variable. Y All Rights Reserved Example P,, ML,, O,, Alt. C P,,, ML,,, O,,, A plot like this clearly shows the relationships.

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Prepare information for a more complete analysis of an economic analysis 2. Y All Rights Reserved Sect Y All Rights Reserved Developed. Permission required for reproduction or display. All rights reserved.

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