Mühendislik Ekonomisi

Doç. Dr. İrem Uçal Sarı

Engineering Economy, Sixteenth Edition, Global Edition © Pearson Education Limited 2014
By William G. Sullivan, Elin M. Wicks, and C. Patrick Koelling All rights reserved.
 İletişim

• Görüşme Saatleri: Çarşamba: 15:30-17:30

• E-mail: iremucalsari@gmail.com
ucal@itu.edu.tr
• Telefon: 05387919434
(9:00 am-6:00pm arasında!!!)

Engineering Economy, Sixteenth Edition, Global Edition © Pearson Education Limited 2014
By William G. Sullivan, Elin M. Wicks, and C. Patrick Koelling All rights reserved.
 Notlandırma

• 1 yıliçi sınavı(%40)
• 2 kısa sınav (%10+%10)
• 1 yılsonu sınavı (%40)
• Geçme notu yılsonu başarı notu için 100 üzerinden 40’tır.
• Finale girebilmek için %70 devam şartı vardır.

Engineering Economy, Sixteenth Edition, Global Edition © Pearson Education Limited 2014
By William G. Sullivan, Elin M. Wicks, and C. Patrick Koelling All rights reserved.
 Takvim
Tarih Hafta Konu

5.02.2018 1 Chapter 1Introduction to Engineering Economics

Chapter 2 Cost Concepts and Design Economics

1202.2018 2
Chapter 3 Cost Estimation Techniques

1902.2018 3 Chapter 4 The Time Value of Money

26.02.2018 4 Chapter 5 Evaluating a Single Project

Chapter 6 Comparison and Selection among Alternatives (Quiz

05.03.2018 5
1)

12.03.2018 6 Chapter 7 Depreciation and Income Taxes

Engineering Economy, Sixteenth Edition, Global Edition © Pearson Education Limited 2014
By William G. Sullivan, Elin M. Wicks, and C. Patrick Koelling All rights reserved.
 Tarih Hafta Konu

19.03.2018 7 Chapter 8 Price Changes and Exchange Rates

02.04.2018 8 Problem Session

9 Midterm Exam
Chapter 9 Replacement Analysis
16.04.2018 10
Chapter 10 Evaluating Projects with the Benefit Cost Ratio Method

23.04.2018 11 Bayram tatili

Chapter 11 Breakeven and Sensitivity Analysis

30.04.2018 12
Chapter 12 Probabilistic Risk Analysis

Chapter 13 The Capital Budgeting Process

07.05.2018 13
Chapter 14 Decision Making Considering Multi-attributes (Quiz 2)
15.05.2018 14 Problem Session

Engineering Economy, Sixteenth Edition, Global Edition © Pearson Education Limited 2014
By William G. Sullivan, Elin M. Wicks, and C. Patrick Koelling All rights reserved.
 Chapter 1: Introduction to Engineering Economy

Engineering Economy, Sixteenth Edition, Global Edition © Pearson Education Limited 2014
By William G. Sullivan, Elin M. Wicks, and C. Patrick Koelling All rights reserved.
 • The purpose of this course is to
develop and illustrate the
principles and methodology
required to answer the basic
economic question of any design:
Do its benefits exceed its costs?

Engineering Economy, Sixteenth Edition, Global Edition © Pearson Education Limited 2014
By William G. Sullivan, Elin M. Wicks, and C. Patrick Koelling All rights reserved.
Engineering is the profession in which a knowledge of the
mathematical and natural sciences gained by study,
experience, and practice is applied with judgment to
develop ways to utilize, economically, the materials and
forces of nature for the benefit of mankind.

The Accreditation Board for Engineering and Technology

Engineering Economy, Sixteenth Edition, Global Edition © Pearson Education Limited 2014
By William G. Sullivan, Elin M. Wicks, and C. Patrick Koelling All rights reserved.
 Engineering economy…

involves the systematic

evaluation of the economic
merits of proposed solutions
to engineering problems.

Engineering Economy, Sixteenth Edition, Global Edition © Pearson Education Limited 2014
By William G. Sullivan, Elin M. Wicks, and C. Patrick Koelling All rights reserved.
 Solutions to engineering
problems must
• promote the well-being and survival of an
organization,
• embody creative and innovative technology and
ideas,
• permit identification and scrutiny of their
estimated outcomes, and
• translate profitability to the “bottom line” through
a valid and acceptable measure of merit.

Engineering Economy, Sixteenth Edition, Global Edition © Pearson Education Limited 2014
By William G. Sullivan, Elin M. Wicks, and C. Patrick Koelling All rights reserved.
 Engineering economic analysis can
play a role in many types of situations.
• Choosing the best design for a high-efficiency gas
furnace.
• Selecting the most suitable robot for a welding
operation on an automotive assembly line.
• Making a recommendation about whether jet
airplanes for an overnight delivery service should
be purchased or leased.
• Determining the optimal staffing plan for a
computer help desk.
Engineering Economy, Sixteenth Edition, Global Edition © Pearson Education Limited 2014
By William G. Sullivan, Elin M. Wicks, and C. Patrick Koelling All rights reserved.
 There are seven fundamental principles
of engineering economy.
1. Develop the alternatives
2. Focus on the differences
3. Use a consistent viewpoint
4. Use a common unit of measure
5. Consider all relevant criteria
6. Make uncertainty explicit
7. Revisit your decisions
Engineering Economy, Sixteenth Edition, Global Edition © Pearson Education Limited 2014
By William G. Sullivan, Elin M. Wicks, and C. Patrick Koelling All rights reserved.
 Example 1-1

Engineering Economy, Sixteenth Edition, Global Edition © Pearson Education Limited 2014
By William G. Sullivan, Elin M. Wicks, and C. Patrick Koelling All rights reserved.
 Engineering economic analysis
procedure
1. Problem definition
2. Development of alternatives
3. Development of prospective outcomes
4. Selection of a decision criterion
5. Analysis and comparison of alternatives.
6. Selection of the preferred alternative.
7. Performance monitoring and post-
evaluation of results.
Engineering Economy, Sixteenth Edition, Global Edition © Pearson Education Limited 2014
By William G. Sullivan, Elin M. Wicks, and C. Patrick Koelling All rights reserved.
Engineering Economy, Sixteenth Edition, Global Edition © Pearson Education Limited 2014
By William G. Sullivan, Elin M. Wicks, and C. Patrick Koelling All rights reserved.
Example 1-2

EXAMPLE 1-1 Defining the Problem and Developing Alternatives

Engineering Economy, Sixteenth Edition, Global Edition © Pearson Education Limited 2014
Sullivan | Wicks | Koelling All rights reserved.
Example 1-4

Engineering Economy, Sixteenth Edition, Global Edition © Pearson Education Limited 2014
Sullivan | Wicks | Koelling All rights reserved.
 Example 1-5

EXAMPLE 1-2 Application of the Engineering Economic Analysis

Procedure

Engineering Economy, Sixteenth Edition, Global Edition © Pearson Education Limited 2014
Sullivan | Wicks | Koelling All rights reserved.
 Example 1-6

Engineering Economy, Sixteenth Edition, Global Edition © Pearson Education Limited 2014
Sullivan | Wicks | Koelling All rights reserved.
Example 1-7

EXAMPLE 1-3 Get Rid of the Old Clunker?

Engineering Economy, Sixteenth Edition, Global Edition © Pearson Education Limited 2014
Sullivan | Wicks | Koelling All rights reserved.
 Electronic spreadsheets are a powerful
addition to the analysis arsenal.
• Most engineering economy problems can be
formulated and solved using a spreadsheet.
• Large problems can be quickly solved.
• Proper formulation allows key parameters
to be changed.
• Graphical output is easily generated.

Engineering Economy, Sixteenth Edition, Global Edition © Pearson Education Limited 2014
By William G. Sullivan, Elin M. Wicks, and C. Patrick Koelling All rights reserved.