工程經濟學

The focus of this revision of the text was to continue to modernize the content by including more examples of engineering applications to enable the students' learning. The highlights of the changes made in the publication of the 18th edition include:
• Approximately 35% of the end-of-chapter problems are either new or refreshed from previous editions.
• The procedure Value Engineering was added to Chapter 2. This allows engineers to analyze products and services using economic value as the objective of the design process.
• The existing Chapter Case Studies were updated or refreshed, and the number of Chapters with Case Studies doubled. For example, there is now a Case Study in Chapter 11 for Breakeven and Sensitivity Analysis.
• Examples and problems in the book were rewritten with an emphasis on Diversity, Equity, and Inclusion.
• In Chapter 12, we provide a Case Study with an Excel example that uses a Data Table to simulate the probabilistic risk of retirement investments.
• Additional videos within the MyLab Engineering platform have been provided. These include updated and expanded complementary instructional videos and problem-solving videos. The problem-solving videos provide students with step-by-step solution methods and demonstrate both by-hand and spreadsheet solutions.

Dr. William G. Sullivan earned his PhD from the Georgia Institute of Technology in Industrial and Systems Engineering. In his more than 40 years of service to industry and the academy, he made enduring contributions to engineering economy education. A tireless lecturer, he taught engineering economy to more than 10,000 students at 5 major universities (Georgia Tech, University of Tennessee, North Carolina State University, Arizona State University and Virginia Tech). He also had extensive consulting experience with 25 firms in the US.  Dr. Sullivan's 5 textbooks in the field, including Engineering Economy, continue to contribute to the education of thousands of students.

Elin M. Wicks is the owner of Abacus Accounting LLC, an accounting and bookkeeping company focused on empowering small business owners to achieve financial success. She earned a BS and MS in Industrial Engineering from Rutgers University, where her masters research focused on a method of quantifying non-economic factors in monetary terms. During this time, she also developed software tools to assist Cosmair Inc. in improving scheduling and labor recording practices. She went on to earn her PhD in Industrial and Systems Engineering from Virginia Tech, focusing on the design of cellular manufacturing systems. She then joined the faculty of the University of Missouri, Columbia in the Industrial and Manufacturing Systems Department. After taking some time off to raise her children, she supplemented her education in the field of accounting and became the Senior Accountant of Glenn B. Cohen, CPA, an accounting and financial management firm. She has been an author of Engineering Economy since the publication of the 10th edition.

Joseph Wilck is an analytics and operations faculty member at Bucknell University. Dr. Wilck received his PhD in Industrial Engineering and Operations Research from Pennsylvania State University, and an MS and BS in Industrial and Systems Engineering from Virginia Tech. He conducts research in applied optimization, data science, and analytics. Prior to joining Bucknell University, he was on faculty at William & Mary, United States Air Force Academy, East Carolina University, and the University of Tennessee. Dr. Wilck is a Program Evaluator for ABET and a licensed Professional Engineer in North Carolina. Dr. Wilck is an active member and Fellow of the American Society for Engineering Management and an active member of the Institute of Industrial and Systems Engineers, the Institute for Operations Research and the Management Sciences, and the American Society for Engineering Education.

1. Introduction to Engineering Economy
2. Cost Concepts and Design Economics
3. Cost-Estimation Techniques
4. The Time Value of Money
5. Evaluating a Single Project
6. Comparison and Selection among Alternatives
7. Depreciation and Income Taxes
8. Price Changes and Exchange Rates
9. Replacement Analysis
10. Evaluating Projects with the Benefit−Cost Ratio Method
11. Breakeven and Sensitivity Analysis
12. Probabilistic Risk Analysis
13. The Capital Budgeting Process
14. Decision Making Considering Multiattributes

A. Accounting Fundamentals
B. Abbreviations and Notation
C. Interest and Annuity Tables for Discrete Compounding
D. Interest and Annuity Tables for Continuous Compounding
E. Standard Normal Distribution
F. Selected References
G. Solutions to Try Your Skills
H. Answers to Selected Problems