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Engineering Economics for Aviation and Aerospace

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Engineering Economics for Aviation and Aerospace Synopsis

For all engineers and practitioners, it is essential to have a fundamental understanding of cost structure, estimating cash flows, and evaluating alternative projects and designs on an economic basis. Engineering Economics for Aviation and Aerospace provides the tools and techniques necessary for engineers to economically evaluate their projects and choices. The focus of this book is on a comprehensive understanding of the theory and practical applications of engineering economics. It explains and demonstrates the principles and techniques of engineering economics and financial analysis as applied to the aviation and aerospace industries. Time value of money, interest factors, and spreadsheet functions are used to evaluate the cash flows associated with a single project or multiple projects. The alternative engineering economics tools and techniques are utilized in separate chapters to evaluate the attractiveness of a single project or to select the best of multiple alternatives. Most of the engineering economics and financial mathematics books available in the market take either a pure theoretical approach or offer limited applications. This book incorporates both approaches, providing students of aviation and industrial economics, as well as practitioners, with the necessary mathematical knowledge to evaluate alternatives on an economic basis.

About This Edition

ISBN: 9781138185784
Publication date: 13th December 2016
Author: Bijan Vasigh, Javad Gorjidooz
Publisher: Routledge an imprint of Taylor & Francis Ltd
Format: Paperback
Pagination: 618 pages
Genres: Business and Management
Economics
Transport industries
Aircraft and aviation
Transport industries
Aerospace and aviation technology
Economics of industrial organization