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Mechnical Engineering Mech

Engineering Economics - MG6863

INTRODUCTION TO ECONOMICS


-> Introduction to Economics
-> Laws of supply and demand
-> Concept of Engineering Economics
-> Elements of Costs
-> Break-Even Analysis
-> Elementary Economic Analysis
-> Material Selection For A Product/Substitution Of Raw Material
-> Process Planning /Process Modification
-> Important Questions and Answers: Introduction to Economics

VALUE ENGINEERING


-> Value Engineering
-> Function of Value Engineering
-> Value Engineering Procedure
-> Interest rate Formulas
-> Important Questions and Answers: Value Engineering

CASH FLOW


-> Cash Flow: Bases for Comparison of Alternatives
-> Present worth method
-> Future worth method
-> Annual equivalent method
-> Rate of return method
-> Important Questions and Answers: Cash Flow

REPLACEMENT AND MAINTENANCE ANALYSIS


-> Replacement And Maintenance Analysis
-> Types of Maintenance
-> Types of Replacement Problem
-> Simple Probabilistic Model For Items Which Fail Completely
-> Determination of Economic Life of an Asset
-> Capital Recovery with Return and Concept of Challenger and Defender
-> Important Questions and Answers: Replacement And Maintenance Analysis

DEPRECIATION


-> Depreciation
-> Methods of Depreciation
-> Worked out Problems: Depreciation
-> Important Questions and Answers: Depreciation
-> Important Questions and Answers:- Engineering Economics & Cost Analysis

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