Two fundamental principles involved in making correct decisions.
Distinct selections of evaluation criteria based on whether alternatives are mutually independent or exclusive.
How evaluation criteria are applied in capital investment decisions.
In addition, the book provides applications of the basic concepts and approaches to relatively complex problems such as inventory cost analysis, make or buy decisions, economic analysis for loading control and capital investments for manpower savings, etc.
The book is an excellent combination of related topics of engineering economics and finance, seldom found in other books.
A number of problems have been given at the end of each chapter which makes this book suitable for self-study.
Chapter 1 : Principles for Comparing Alternative Courses of Action
Chapter 2 : Profitability Analysis Considering Capacity-Demand Relationships
Chapter 3 : Various Measures for Different Types of Selection
Chapter 4 : Time Value of Money
Chapter 5 : Selection of Capital Investment Proposals
Chapter 6 : Further Application
Appendices
Index
