Engineering Economics of Life Cycle Cost Analysis: 2nd Edition John Vail Farr

Engineering Economics of Life Cycle Cost Analysis: 2nd Edition – Ebook Instant Download/Delivery ISBN(s): 9781032184869,9781032184876,9781003254782,1032184868,1032184876,1003254780

Product details:

• ISBN-10 ‏ : ‎ 1032184868
• ISBN-13 ‏ : ‎ 978-1032184869
• Author: John Vail Farr, Isaac J. Faber

The rise of the information age and the digital economy has dramatically changed engineering and other technology-driven fields. With tremendous advances in computing and communication systems, major organizational upheavals, all fueled by complexity, globalization, short cycle times, and lean supply chains, the functions of engineers have significantly changed. Engineers and similar professionals must be technically savvy and have product management and costing skills all while working in a distributed and often unstable environment. This new-edition textbook is updated to cover the integration of cost, risk, value, scheduling, and informationtechnologies going beyond basic engineering economics.

Engineering Economics of Life Cycle Cost Analysis, Second Edition, offers a systems and life cycle or total ownership cost perspective. It presents advanced costing techniques such as simulation-based costing, decision and risk analysis, complex systemscosting, software, big data, and cloud computing estimation. Examples and problems demonstrating these techniques with real-world applications are also included.

Table contents:

1. Overview of Systems Life Cycle Costing.

Section: 1. The Mathematics of Engineering Economy. 

2. The Science of Engineering Economics: Understanding the Time Value of Money.

3. Advanced Economic Analysis of Alternatives.

4. The Basic Theory of Interest.

5. Simulation-Based Costing.

6. Life Cycle Framework and Techniques.

Section: 2. Estimation of complex Systems.

 7. Costing of Complex Systems.

8. Software-Intensive Systems.

9. Cost Estimating Techniques.

Section: 3. Cost Management. 

10. Costing and Managing Off-the-Shelf Systems.

11. Project Management’s Role in Life Cycle Costing.

12. Use of Cost Metrics and Ratios.

Appendix.

Interest Factors.

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