Wildcat Oil in Kasakstan
Discovery of 500M Bbl of oil-> Recovery of 300M Bbl = 100M Bbl Wildcat + 200M Kasakstan Government
Production = Constant during 100M of Wildcat, then follows decline curve when turned over to Kasakstan.
Large Refinery
Lang Factor
IE3201 Engineering Economics
Pretest 2- fall 2012
1
If one invests $1,000 now and $2,000 three years from now at an interest rate 10% compounded quarterly, what
will be the total amount in 5 years?
Ans:
ia=(1+r/M)M-1=10.38%
F=1000(1+.1038)5+2000(1+.1038)2
Problems _ 97
This chapter also deﬁned simple interest. where interest does not carry over and become
part of the principal in subsequent periods. Unless otherwise speciﬁed, all interest rates in
this text are compound rates.
Single Payment Formulas: Cont
Problems 467
Challenger Min EUAC
13-10
13-11
13-12
13-13
A machine has a ﬁrst cost of 550.000. Its mar~
ket value declines by 20% annually. The oper~
ating and maintenance costs start at $3500 per
year and climb by 52000 per year. The ﬁrm’s
MARR is 9%
IE 3201, Spring 2011
' 5
QUIZ Name:
In . _ . . .
structions. Show all work, Including equations used, on your own paper. Put a box around numerical answers
You are debating between two machines that will '
automate a process In our man f ' ' ' '
c
IE 3201, Spring 2011
' 5
QUIZ Name:
In . _ . . .
structions. Show all work, Including equations used, on your own paper. Put a box around numerical answers
You are debating between two machines that will '
automate a process In our man f ' ' ' '
c
11-5
The computations for the first three methods (
Problem 11-4.
(d) Aooelarated 0091 Recovery System IMAGES)
Read the a- n-roriate rcenta = s from the 7-year 0
Year Percent-199 Year Paroanta-e_
3.93
SL. DB. and BOYD) are similar to
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LOUISIANA STATE UNIVERSITY
MECHANICAL AND INDUSTRIAL ENGINEERING DEPARTMENT
IE 3201 - PRINCIPLES OF ENGINEERING ECONOMY
Fall 2016
Catalog Description: Principles of Engineering Economy (3). Planning economy studies for decision
making, including considera
IE 3201
Dr. Harvey
Spring 2013
IE 3201 Final Review
The final is comprehensive.
Role of economics analysis in decision making
What is interest and what is an interest rate?
Equivalence
Rule 72
Excel functions (PV, NPV, PMT, FV, IRR, RATE)
Determination of
IE3201
Dr. Harvey
Fall 2002
Exam I (open book & open notes)
Any form of academic dishonesty will be dealt with severely according to the
limits of the code.
An illustration of how I will award points. This illustration shows a problem that is
worth 10 poi
Ch. 1
Engineering economic decisions Refers to all investment decisions relating to engineering
projects. The most interesting facet of an economic decision, from an engineers point of view, is
the evaluation of costs and benefits associated with making a
LOUISIANA STATE UNIVERSITY
CONSTRUCTION MANAMENET AND INDUSTRIAL ENGINEERING DEPARTMENT
IE 3201 - PRINCIPLES OF ENGINEERING ECONOMY
Spring 2012
Catalog Description: Principles of Engineering Economy (3). Planning economy studies for decision making,
inclu
IE 32G]. Spring Zll
Quiz 1 Name:
instructions: Show all work, including equations used. on your own paper. Put a box around and numerical answers.
To pt'oduee a new product at your manufacturing facility, you need to decide henveen consuming a component
.d , 10 Financing Opp
Sunday, November 07, 2010
8:01 PM
1. Chrysler is offering two options when buying a new car. Please evaluate both
options and tell e. I will make my decision based on which
provides me th owest monthly payment ver 48 months. See deta