(eBook PDF) Engineering Economics for Aviation and Aerospace – Digital Ebook – Instant Delivery Download

Product details:

• ISBN-10 ‏ : ‎ 1138185787
• ISBN-13 ‏ : ‎ 978-1138185784
• Author: Bijan Vasigh

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.

Table contents:

• Introduction to Air-Transport Industry
• Foundations of Engineering Economics and Finance
• Annuities and Gradient Series
• Nominal and Effective Interest Rates
• Analysis of Present Worth
• Analysis of Annual Worth
• Analysis of Rate of Return
• Public Sector Projects and Benefit to Cost Analysis
• Analysis of Break-Even and Payback period
• Uncertainty, Risk Analysis, and Simulation
• Analysis of Depreciation, Replacement and Abandonment
• Engineering Cost Estimation
• Analysis of Financial Statements
• Analysis of Financial Ratios
• Fundamentals of Decision Theory

Appendices
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