Dec 12, 2024  
2023-2024 Graduate Catalog 
    
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2023-2024 Graduate Catalog [ARCHIVED CATALOG]

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IE 518 - Advanced Engineering Economic Analysis

3 Credit Hours
Application of engineering economic analysis in complex decision situations. Inflation and price changes; uncertainty evaluation using non-probabilistic techniques; capital financing and project allocation; evaluations involving equipment replacement, investor-owned utilities, and public works projects; probabilistic risk analysis including computer simulation and decision trees; multi-attribute decision analysis; and other advanced topics.
(RE) Prerequisite(s): 405.
Recommended Background: Statistics 251.


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