GEN TECH 4EE3 ENGINEERING ECONOMICS

Costing methods of engineering designs and processes; minimum attractive rate of return, return sensitivities, time value of money, internal rates of return, payback period, amortization of equipment and capital cost allowance structures. Three lectures; one term Prerequisite(s): Registration in Level IV of Automotive and Vehicle Technology, Biotechnology or Process Automation Technology Antirequisite(s): GEN TECH 1EE3




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