Fundamentals of Engineering Economy Quiz

Making economic decisions for engineering systems (correct)

Studying the economic and financial factors influencing industry

Simplifying collections of alternatives on an economic basis

Determining alternatives for industrial economics

To perform analysis, synthesis, and decision-making in engineering projects (correct)

To simplify collections of alternatives on an economic basis

To study industrial economics and financial factors influencing industry

To identify stand-alone solutions for a given situation

Methods or processes of determining alternatives

The study of industrial economics and financial factors influencing industry

A collection of techniques simplifying economic bases

Stand-alone solutions for a given situation (correct)

<p>After alternatives have been identified</p> Signup and view all the answers

<p>Considering the most economical alternative</p> Signup and view all the answers