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Basics of Engineering Economy 1st Edition by Leland Blank,Anthony Tarquin
Edition 1ISBN: 9780073401294Basics of Engineering Economy 1st Edition by Leland Blank,Anthony Tarquin
Edition 1ISBN: 9780073401294 Exercise 1
With respect to the selection of alternatives, state one thing that engineering economy will help you to do and one thing that it will not.
Explanation
Verified
Verified
Engineering economy will help you pick the most economical alternative from the ones that have been identified.It will not help you identify what the alternatives are.
In engineering economic analysis, it simplifies comparison of the alternatives.So, Engineering Economy will help you compare the alternatives on an economic basis, but it will not make the decision analysis, revenues like positive cash flow and costs like negative cash flow are examples of cash flow.
In engineering economic analysis, it simplifies comparison of the alternatives.So, Engineering Economy will help you compare the alternatives on an economic basis, but it will not make the decision analysis, revenues like positive cash flow and costs like negative cash flow are examples of cash flow.
Basics of Engineering Economy 1st Edition by Leland Blank,Anthony Tarquin
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