Case 17
A Free Lunch?
by
William Truran
Stevens Institute of Technology
Zippy Quick, in his bright suit and straw hat, walked briskly into the large building complex
to see the superintendent (Super)
Name _
IE 226 Exam 1
G. Tonkay
February 20, 2009
INSTRUCTIONS: Answer all of the questions on the following 5 pages. If you need additional paper for a problem,
raise your hand and I will provide more
HW#2
ISE 226 Spring 2015
Solve the following problems and submit your solutions in class. For full
credit, please show all steps.
1) Pace Automation Corporation in Cookeville, Tennessee must choose th
Chapters 1 and 3 Review Questions Note: Questions 1 through 5 are all quite similar Question 1 Consider the simple barber shop simulation below of a barber shop with two barbers: Both interarrival tim
ISE 226
Spring 2015
Homework Set #6
Please solve the following problems :
1) (a) Compare the following plans using a MARR of 6%, and an analysis period of 50 years.
Data
Equipment First Cost
Annual Op
HW#2
ISE 226 Spring 2015
Solve the following problems and submit your solutions in class. For full
credit, please show all steps.
1) Pace Automation Corporation in Cookeville, Tennessee must choose th
ISE 226
Spring 2015
Homework Set #6
Please solve the following problems :
1) (a) Compare the following plans using a MARR of 6%, and an analysis period of 50 years.
Data
Equipment First Cost
Annual Op
Problem 1)
Notation:
F1 indicates predominant flu is type I
F1 indicates predominant flu is type II
F1 indicates predominant flu is type Other
T1 indicates preliminary Test Cases points to type I
T2 i
DRILL PROBLEMS
\
APPLICATION PROBLEMS
4. (a) The quarterly interest rate is 3%. The payment schedule follows in Figure 4.3
SOLUTIONS OF PROBLEMS NOT GRADED
DRILL PROBLEMS
APPLICATION PROBLEMS:
IE 226
Problem 2)
This problem depended a great deal on what you wrote.
For economic factors you should have included:
Initial cost according to your requirements
Fuel consumption
Taxes
Insurance
Salv
IE 226 Spring 2013
Dr. Derya Pamukcu
Industrial and Systems Engineering
Lehigh University
Chapter 1
Making Economic Decisions
Chapter Outline
Types of Problems
Role of Engineering Economic Analysis
IE 226 Spring 2013
Dr. Derya Pamukcu
Industrial and Systems Engineering
Lehigh University
Chapter 5
Present Worth Analysis
Chapter Outline
Assumptions in Solving Economic Analysis
Problems
Economic
IE 226 Spring 2013
Dr. Derya Pamukcu
Industrial and Systems Engineering
Lehigh University
Bonds
Similar to loan in that a contract defines
an exchange of money between two
parties
Companies, governm
IE 226 Spring 2013
Dr. Derya Pamukcu
Industrial and Systems Engineering
Lehigh University
Chapter 4
Equivalence for Repeated Cash
Flows
Chapter Outline
Uniform Series Compound Interest
Formulas
Arit
IE 226 Spring 2013
Dr. Derya Pamukcu
Industrial and Systems Engineering
Lehigh University
Chapter 8
Choosing the Best Alternative
Chapter Outline
Incremental Analysis (extended to using
PW and EUAC m
IE 226 Spring 2013
Dr. Derya Pamukcu
Industrial and Systems Engineering
Lehigh University
Chapter 10
Uncertainty in Future Events
Copyright
Oxford
Chapter Outline
Single estimate versus a range of es
IE 226 Spring 2013
Dr. Derya Pamukcu
Industrial and Systems Engineering
Lehigh University
Chapter 9
Other Analysis Techniques
Chapter Outline
Future Worth Analysis
Benefit-Cost Ratio or Present Wort
IE 226 Spring 2013
Dr. Derya Pamukcu
Industrial and Systems Engineering
Lehigh University
Chapter 2
Engineering Costs
and
Cost Estimating
Chapter Outline
Engineering Costs
Cost Estimating and Estima
IE 222 Operations Research, Deterministic Models - Final Exam
Problem No. 7 (25 points) NAME Date
You are the foreman in a 12 person jury which is highly divided in search of a verdict. There is of co
B/C Ratio Analysis
Supplemental
* Relative Measure: Benefit-Cost
Ratio
Typically used for investments made by
government entities
B = equivalent worth of the benefits of a
project to the user of the
ISE 226 Spring 2015
Dr. Derya Pamukcu
Industrial and Systems Engineering
Lehigh University
1
Chapter 1
Making Economic Decisions
2
Chapter Outline
Types of Problems
Role of Engineering Economic Analys
Case 54
Whirlwind Exploration Company
by
Michael Dunn
Petrotechnical Resources of Alaska
Whirlwind Exploration Company has identified northern Alaska as a prospect for oil and gas
exploration. The reg
ISE 226
Spring 2014
Homework Set #5
Please solve the following problems from the textbook:
6-12, 29, 36, 42, 52, 53
7-35, 44, 55, 75, 81
Solutions:
OR USING EUAW,
Write the equation,
$67,000 = ($300,0