ENGR610Engineering Economics, Midterm Exam1(25%)
Fall2012, Ins: M. Ozer
Name :
Procedure: Show your work next to problems. Without Cash Flow Diagram solution will not
be accepted. No partial point; exact solution is required. Use pencil and erase unne
Chapter 6:
Mechanical Properties
ISSUES TO ADDRESS.
Stress and strain: What are they and why are
they used instead of load and deformation?
Elastic behavior: When loads are small, how much
deformation occurs? What materials deform least?
Plastic behavi
1
2
3
41 Continuous Random Variables
A continuous random variable is one that can take any value in an interval of the real
number line.
OR
A continuous random variable is a random variable where the data can take infinitely many
values.
For example, a r
Chapter 21: Optical Properties
ISSUES TO ADDRESS.
What happens when light shines on a material?
Why do materials have characteristic colors?
Why are some materials transparent and others not?
Optical applications:
 luminescence
 photoconductivity

36 Binomial Distribution
Binomial Experiment:
A binomial experiment (also known as a Bernoulli trial) is a statistical
experiment that has the following properties:
The experiment consists of n repeated trials.
Each trial can result in just two possibl
2
Ch.12 Project Procurement
Management
Chapter 12
Project Procurement
Management
v Plan Procurement Management (12.1)
v Conduct Procurements (12.2)
v Control Procurements (12.3)
v Close Procurements (12.4)
3
4
Project Procurement Management
Project Procur
CHAPTER 22: MATERIALS SELECTION AND
DESIGN CONSIDERATIONS
ISSUES TO ADDRESS.
Price and availability of materials.
How do we select materials based on optimal
performance?
Applications:
 shafts under torsion
 bars under tension
 plates under bending
48 Exponential Distribution
1
48 Exponential Distribution
2
48 Exponential Distribution
The following have an EXPONENTIAL DISTRIBUTION:
the time until the first event
the time from now until the next occurrence of an event
the time interval between
1
2
31 Discrete Random Variables
A random variable is a variable whose value is a numerical outcome
of a random phenomenon.
A random variable is denoted with a capital letter such as X, Y
The probability distribution of a random variable X tells what
the
53 COMMON JOINT DISTRIBUTIONS
53.1 Multinomial Probability Distribution
Multinomial Experiment
A multinomial experiment is a statistical experiment that has the
following properties:
The experiment consists of n repeated trials.
Each trial has a discr
24 Conditional Probability
The conditional probability of an event B, in relation to event A, is the probability
that event B will occur given the knowledge that an event A has already occurred.
In plain English .
You toss two pennies. The first penny sh
22 Interpretations of Probability
22.1 Introduction
Probability
Used to quantify likelihood or chance
Used to represent risk or uncertainty in engineering
applications
Can be interpreted as our degree of belief or relative
frequency
1
22 Interpretat
46 Normal Distribution
The normal or Gaussian distribution, named for German
mathematician Karl Gauss (17771855)
The normal distribution is the most important and widely used
distribution in statistics.
The bellshaped curve explains many natural pheno
1
2
3
51 TWO OR MORE RANDOM VARIABLES
51.1 Joint Probability Distributions
Joint probability density function (PDF) is a function of two or more random
vaiables X and Y or more.
If X and Y are discrete random variables, the joint probability distribut
37 Geometric and Negative Binomial
Distributions
Geometric Distribution
Consider a random experiment that is closely related to the one
used in the definition of a binomial distribution.
Assume a series of Bernoulli trials (independent trials with cons
Chapter 18: Electrical Properties
ISSUES TO ADDRESS.
How are electrical conductance and resistance
characterized?
What are the physical phenomena that distinguish
conductors, semiconductors, and insulators?
For metals, how is conductivity affected by
i
CHAPTER 4: HEAT TRANSFER AND
STORAGE
4.1 INTRODUCTION
Two primary uses for solar energy are
The building must be designed for the
heating and
collection of solar energy,
lighting for buildings.
transfer of that energy, and
storage.
The electromagneti
CHAPTER 5: SOLAR HEATING AND
COOLING
5.1 BUILDING
conduction
Heat is transferred by
convection
radiation
The ratio of heat loss by the three modes can vary widely depending on
amount of insulation,
number and types of windows,
radiation barrier, and
i
2
Ch.7 Project Cost Management
Chapter 7
v Plan Cost Management (7.1)
Project Cost Management
v Estimate Costs (6.2)
v Determine Budget (6.3)
v Control Costs (6.4)
Operations and Support?
n?
Documentatio
Staff
Develop
ment?
?
Licenses?
Supplies?
?
ces
Con
2
Ch.6 Project Time Management
Chapter 6
v Plan Schedule Management (6.1)
Project Time Management
v Define Activities (6.2)
v Sequence Activities (6.3)
v Estimate Activity Resources (6.4)
v Estimate Activity Durations (6.5)
v Develop Schedule (6.6)
v Cont
2
GENERAL INFORMATION
PROJECT MANAGEMENT
IE 0409
Grading
Project
Midterm
Final
Attendance
Lecturer Zeynep Gergin
z.gergin @iku.edu.tr
Reference Books
25%
25%
50%
+5pts
ANSI/PMI 990012004, A Guide to Project Management Body of Knowledge
(PMBOK Guide
PERT and CPM
Six Steps PERT & CPM
1. Define the project and prepare the work breakdown
structure
Network techniques
Developed in 1950s
CPM by DuPont for chemical plants (1957)
2. Develop relationships among the activities  decide
which activities must
Chapter 4
Project
Integration Management
Ch.4 Project Integration Management
vDevelop Project Charter (4.1)
vDevelop Project Management Plan (4.2)
vDirect and Manage Project Work (4.3)
vMonitor and Control Project Work (4.4)
vPerform Integrated Change Con
2
Ch.5 Project Scope Management
Chapter 5
v Plan Scope Management (5.1)
Project Scope Management
v Collect Requirements (5.2)
v Define Scope (5.3)
v Create Work Breakdown Structure (WBS) (5.4)
v Validate Scope (5.5)
v Control Scope (5.6)
3
4
Project Scope
IE4503
ENGINEERING ECONOMICS
Assignment #2
Instructions:
Due date: 3.03.2014 at 1 pm
_ Solutions should be written on singlesided A4 or 8 x 11 inch white good quality paper. Pages must be
numbered in sequence.
_ Students names and numbers should be typed
IE4503
ENGINEERING ECONOMICS
Assignment #5
Instructions:
Due date: 21.05.2014 at 10:00 am
_ Solutions should be written on singlesided A4 or 8 x 11 inch white good quality paper. Pages
must be numbered in sequence.
_ Students names and numbers should be
IE4503
ENGINEERING ECONOMICS
Assignment #4
Instructions:
Due date: 16.04.2014 at 3 pm
_ Solutions should be written on singlesided A4 or 8 x 11 inch white good quality paper.
Pages must be numbered in sequence.
_ Students names and numbers should be type
IE4503
ENGINEERING ECONOMICS
Assignment #3
Instructions:
Due date: 20.03.2014 at 15 pm
_ Solutions should be written on singlesided A4 or 8 x 11 inch white good quality paper.
Pages must be numbered in sequence.
_ Students names and numbers should be typ