Engineering Economics of Life Cycle Cost Analysis

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.FeaturesFocuses 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.