Basis for comparing alternatives
Dr Tareq Albahri 2016
You may use one or all the below basis for comparing alternatives
Methods of comparing alternatives:1.
one of these is enough
Dr. Tareq Albahri 2016
Decision Making Among Alternatives
Investment Proposal is a single project being considered as an investment possibility.
Types of projects (proposals)
1. Independent ) (
The proposals are functionally different; the acc
Mehmet Sait Anda
E-mail: [email protected]
Definition: Engineering economy is the application of economic
techniques to the evaluation of design and engineering alternatives.
'1' .9 Determine the rate [11" return fer the cash ﬂewI
it] til-E- diﬂgrﬂ‘r'ﬂ "F ml'lﬁi'fﬁl'] l"|."ll' “II'HI 11'- =1-
$301] $201] $201] 2 Use the modiﬁed rate of return appruach with an
' investmem ratenflﬂﬂﬁ peryearanda burrowing
rate of 1096 to