Engineering Economics of Life Cycle Cost Analysis

By presenting methods, processes, and tools for cost analysis, estimation, and management of complex systems, this textbook goes beyond basic engineering economics. This textbook presents Excel based case studies, real-world problems, PowerPoint slides, solutions manual, and author maintained website for downloading Excel solutions.

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Engineering has changed dramatically in the last century. With modern computing systems, instantaneous communication, elimination of low/mid management, increased complexity, and extremely efficient supply chains, all have dramatically affected the responsibilities of engineers at all levels. The future will require cost effective systems that are more secure, interconnected, software centric, and complex. Employees at all levels need to be able to develop accurate cost estimates based upon defensible cost analysis. It is under this backdrop that this book is being written.



By presenting the methods, processes, and tools needed to conduct cost analysis, estimation, and management of complex systems, this textbook is the next step beyond basic engineering economics.

Features










Focuses on systems life cycle costing



Includes materials beyond basic engineering economics, such as simulation-based costing



Presents cost estimating, analysis, and management from a total ownership cost perspective



Offers numerous real-life examples



Provides excel based textbook/problems



Offers PowerPoint slides, Solutions Manual, and author website with downloadable excel solutions, etc.