EGR 310 - Engineering Economics.

EGR 102 or EGR 110, prior or concurrent election of MTH 121; or consent of instructor. (3) FQ.

Decision-making process in engineering with economic analysis; the role of quality and cost considerations in manufacturing; economies of scale; cash flow analysis; decisions involving capital expenditures, incremental analysis of multiple options, make or buy, rate of return, and present/future value analysis; income tax and interest considerations.