IE 324 Simulation
Fall 2017
Study Set 1
1. A robot is used to change the tires of cars in a formula race. It was thought that the changing
times followed a normal distribution. A sample of 50 changing times was automatically taken
by the robot, with the f
GE 401 INNOVATIVE DESIGN
AND ENTREPRENEURSHIP I
2017 2018
Course Introduction
Dr. M. Alper KUTAY
September 27, 2017
GE 401 Innovative Design and Entrepreneurship I
GE 401 Innovative Design and
Entrepreneurship I Course
Description
Sequence of two courses
Literature Survey and
Competition Report 1.0
GE 401 - Innovative Design and
Entrepreneurship
Date: 08.10.2017
Name of the Company:
OETEO
Team No: 6
Names of the Company Members:
Orkun Altay GEN
Eyyub BAKENT
Oktay AYAR
Tue ZGR
Suat Enes KO
mer SAKARYA
Name
Solidworks Installation
Click:
www.solidworks.com/SEK
Fill out the form (name, last name, etc.)
SEK ID is: XSEK12
School Type: Graduate
Month of Graduation: June
Year of Graduation: 2018
Version no: 2017-2018
Click Request Download (you will download inst
BILKENT UNIVERSITY
DEPARTMENT OF INDUSTRIAL ENGINEERING
FALL 2017
IE 262: Manufacturing Processes
(4 Credits)
Instructor
Yiit Karpat (Sections 1,2, 3)
Office: EA 205
Email: [email protected]
Class Meetings
Section 1: Tuesday 13:40-15:30 and Thursday
IE 325: Stochastic Models
Homework Assignment 1
Fall 2017
Solutions will be posted on 30th September
Question 1. For any event A with probability pA let:
(
1, if A
1A () =
0, otherwise.
Now suppose A, B and C are three independent events.
(a) Find E[1A ],
IE 325: Stochastic Models
Recitation 1
Fall 2017
25th-29th September
Question 1. The probability that an airplane accident that is due to structural failure is
correctly diagnosed is 0.85, and the probability that an airplane accident that is not due to
s
IE 325: Stochastic Models
Recitation 1
Fall 2017
September 30, 2017
Question 3. A random variable T is selected that is uniformly distributed over the interval
(0, 1]. Then, a second random variable U is chosen, uniformly distributed on the interval
(0, T
IE 325: Stochastic Models
Homework Assignment 1
Fall 2017
Solutions will be posted on 30th September
Question 1. For any event A with probability pA let:
(
1, if A
1A () =
0, otherwise.
Now suppose A, B and C are three independent events.
(a) Find E[1A ],
Probabilistic Cash Flow
Analysis
Lecture No. 39
Chapter 12
Contemporary Engineering Economics
Copyright, 2010
Contemporary Engineering Economics, 5th edition, 2010
Probability Concepts for Investment
Decisions
Random variable: variable that
can have more
Meaning and Measure of
Inflation
Lecture No. 35
Chapter 11
Contemporary Engineering Economics
Copyright 2010
Contemporary Engineering Economics, 5th edition, 2010
What is
Inflation?
Definition: Inflation Time Value of Money
Earning Power
is the rate at w
Lecture No.14
Chapter 4
Contemporary Engineering Economics
Copyright 2010
Contemporary Engineering Economics, 5th edition, 2010
A. Investment Basics
The three basic investment objects are: growth,
income, and liquidity.
Liquidity How accessible is your mo
Lecture No. 9
Chapter 3
Contemporary Engineering Economics
Copyright 2010
Contemporary Engineering Economics, 5th edition, 2010
Composite Cash Flows
Situation 1: If you
make 4 annual deposits
of $100 in your savings
account which earns a
10% annual inter
Lecture No.6
Chapter 3
Contemporary Engineering Economics
Copyright 2010
Contemporary Engineering Economics, 5th edition, 2010
Types of Common Cash
Flows in Engineering
Economics
Single cash flow
Equal (uniform)
payment series at regular
intervals
Line
IE 342 STUDY SET 4
SPRING 2017
Do not submit your solutions as they will not be graded!
1) Fulton National Hospital is reviewing ways of cutting the cost of stocking medical supplies. Two
new stockless systems are being considered, to lower the hospitals
IE 342 STUDY SET 6
SPRING 2017
Do not submit your solutions as they will not be graded!
1) A series of four annual constant-dollar payments beginning with $10,000 at the end of the first year
is growing at the rate of 9% per year. (Assume that the base ye
Time Value of Money
Lecture No.4
Chapter 3
Contemporary Engineering Economics
Copyright 2006
Contemporary Engineering
Economics, 4th edition 2007
Time Value of Money
Money has a time value
because it can earn more
money over time (earning
power).
Money ha
Lecture No.5
Chapter 3
Contemporary Engineering Economics
Copyright 2010
Contemporary Engineering Economics, 5th edition 2010
What is Economic Equivalence?
Economic equivalence exists between cash flows that
have the same economic effect and could therefo
Course Description
Course Description: Analysis of engineering decisions; principles and
methodology of comparing decision alternatives, such as various engineering
designs, manufacturing equipment, or industrial projects. Dealing with
uncertainty and ris
Lecture No. 31
Chapter 9
Contemporary Engineering Economics
Copyright 2010
Contemporary Engineering Economics, 5th edition, 2010
Purpose: Used to report net income to
stockholders/investors
Types of Depreciation Methods:
Straight-Line Method
Declining Bal
IE 342 STUDY SET 2
SPRING 2017
Do not submit your solutions as they will not be graded!
1) What equal series of payments must be paid into a sinking fund to accumulate the following
amount?
a- $45,000 in 10 years at 7.45% compounded semiannually when paym