Publisher's Synopsis
As global competition increases, engineers are increasingly asked to analyze and monitor their processes and products, not only to ascertain their level of quality but their cost-effectiveness as well.;This handbook aims to provide practicing engineers with the principles and mathematical tools they need to perform sound economic analysis. Analytical methods covered include time-value, comparison of alternatives, break-even analysis, and risk analysis.;An IBM-compatible software diskette acompanies the book, offering interactive problem-solving programs that help to strengthen the analytical skills of engineers.;This book should be of interest to industrial and manufacturing engineers and managers.
