Description
Book SynopsisFor all engineers and practitioners, it is essential to have a fundamental understanding of cost structure, estimating cash flows, and evaluating alternative projects and designs on an economic basis. Engineering Economics for Aviation and Aerospace provides the tools and techniques necessary for engineers to economically evaluate their projects and choices.
The focus of this book is on a comprehensive understanding of the theory and practical applications of engineering economics. It explains and demonstrates the principles and techniques of engineering economics and financial analysis as applied to the aviation and aerospace industries. Time value of money, interest factors, and spreadsheet functions are used to evaluate the cash flows associated with a single project or multiple projects. The alternative engineering economics tools and techniques are utilized in separate chapters to evaluate the attractiveness of a single project or to select the best of multiple a
Table of Contents
Introduction to Air-Transport IndustryFoundations of Engineering Economics and FinanceAnnuities and Gradient SeriesNominal and Effective Interest RatesAnalysis of Present Worth Analysis of Annual WorthAnalysis of Rate of ReturnPublic Sector Projects and Benefit to Cost AnalysisAnalysis of Break-Even and Payback periodUncertainty, Risk Analysis, and SimulationAnalysis of Depreciation, Replacement and AbandonmentEngineering Cost EstimationAnalysis of Financial StatementsAnalysis of Financial RatiosFundamentals of Decision TheoryAppendices: A: Tables for Compound Interest Factors B: Airlines Vital Statistics C: Top 50 Commercial Airports D: Top 50 Aircraft Leasing Companies E: Major Excel Project for Airport F: Solutions to Selected Problems
