Engineering Economic Analysis Overview

To compare differing cash flows.

To ensure that projected benefits are obtained and to encourage realistic estimates in analyses.

Protecting the safety of the public, clients, and/or employees.

<p>When all costs and benefits occur within a brief period of time.</p> Signup and view all the answers

<p>Integrity.</p> Signup and view all the answers

<p>Yes.</p> Signup and view all the answers

<p>Costs, revenues, and benefits that occur at different times.</p> Signup and view all the answers

<p>Near future during the design and building stages.</p> Signup and view all the answers

<p>Engineering economic analysis.</p> Signup and view all the answers

<p>Which projects are worthwhile, priority of projects, how projects should be designed, etc.</p> Signup and view all the answers

<p>After completion, usually for years.</p> Signup and view all the answers

<p>Determining if a mineral or oil deposit is worth developing.</p> Signup and view all the answers

<p>Market consequences, Extra-market consequences, Intangible consequences</p> Signup and view all the answers

<p>When neither input nor output is fixed, maximize profit; For fixed input, maximize benefits or other outputs; For fixed output, minimize costs or other inputs</p> Signup and view all the answers

<p>They are an important source of cost data, but their allocations of indirect costs may be inappropriate for economic analysis</p> Signup and view all the answers

<p>They are organized into a cash flow diagram</p> Signup and view all the answers

<p>Economic efficiency</p> Signup and view all the answers

<p>Economic aspects</p> Signup and view all the answers