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.

Features

Focuses 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.