Professional Documents
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Sullivian
W.G, Wicks
E.M and
Koelling
C.P (2012)
Mohamad
Sirin, R
(2007)
Introduction to
Engineering Economy
Engineering Economy, Fifteenth Edition 1-2 Copyright ©2012 by Pearson Education, Inc.
Upper Saddle River, New Jersey 07458
By William G. Sullivan, Elin M. Wicks, and C. Patrick Koelling
All rights reserved.
Engineering economy…
Engineering Economy, Fifteenth Edition 1-4 Copyright ©2012 by Pearson Education, Inc.
Upper Saddle River, New Jersey 07458
By William G. Sullivan, Elin M. Wicks, and C. Patrick Koelling
All rights reserved.
Why Engineering Economy is
Important to Engineers
Engineering Economy, Fifteenth Edition 1-5 Copyright ©2012 by Pearson Education, Inc.
Upper Saddle River, New Jersey 07458
By William G. Sullivan, Elin M. Wicks, and C. Patrick Koelling
All rights reserved.
Engineering economic analysis can
play a role in many types of situations.
• Choosing the best design for a high-efficiency gas
furnace.
• Selecting the most suitable robot for a welding
operation on an automotive assembly line.
• Making a recommendation about whether jet airplanes
for an overnight delivery service should be purchased
or leased.
• Determining the optimal staffing plan for a computer
help desk.
• Determing labour …pekerja asing or tempatan
• Progress Report..Interim payment, S-Curve
• Bidding (BQ)…the best price to select contractor
• Hire purchase..machineries
Problem
1. Sinkholes 2. Crack
3 Use a consistent viewpoint 2. Redesign, sampling & lab testing for others action
approval from authorities
the prospective outcomes of a. melibatkan masa untuk merekabentuk & menyiapkn
the alternatives, economic and laporan serta mendapatkan kelulusan oleh pihak
other, should be consistently berkuasa tempatan.
developed from a defined b. melibatkan kos dan pekerja mahir bagi membuat
penyelenggaraan
viewpoint (perspective)
3. New improvement technologist
a. menggunakan TB Machine jenis Variable Density
bukan jenis Earth Pressure Balance for different soil
condition.
b. menggunakan pekerja mahir yang dilatih khas
c. menggunakan bahan yang mempunyai kekuatan
tinggi
Structural:
•Smaller crack width openings
•Higher durability
•Higher impact and abrasion resistance
•Higher fatigue strength
•Improved fire resistance properties
Engineering Economy, Fifteenth Edition 1-15 Copyright ©2012 by Pearson Education, Inc.
Upper Saddle River, New Jersey 07458
By William G. Sullivan, Elin M. Wicks, and C. Patrick Koelling
All rights reserved.
Electronic spreadsheets are a
powerful addition to the analysis
arsenal.
• Most engineering economy problems can be
formulated and solved using a spreadsheet.
• Large problems can be quickly solved.
• Proper formulation allows key parameters to be
changed.
• Graphical output is easily generated.
• Give example of spreadsheets that engineer use in
design for civil engineering???
Engineering Economy, Fifteenth Edition 1-17 Copyright ©2012 by Pearson Education, Inc.
Upper Saddle River, New Jersey 07458
By William G. Sullivan, Elin M. Wicks, and C. Patrick Koelling
All rights reserved.
Cont..General Steps for Decision
Making Processes
5. Evaluate the alternatives and apply sensitivity analysis..
i.korek semula…akan mengganggu struktur tnh
ii. ikut saiz asal tanpa cukup bil pile…x boleh tanggung
load structure..
iii. redesign footing…boleh tanggung load structure
6. Select the “best” alternative…..choose (iii) redesign
7. Implement the alternative and monitor results....action
(submit drawing for aprovals)
Engineering Economy, Fifteenth Edition 1-18 Copyright ©2012 by Pearson Education, Inc.
Upper Saddle River, New Jersey 07458
By William G. Sullivan, Elin M. Wicks, and C. Patrick Koelling
All rights reserved.
Cont..General Steps for Decision
Making Processes
No Decision Making Example issue
Processes
1 Understand the problem broken pile
(define objectives )
2 Decision Making Processes condong semasa setting piling work
3 Define the set of feasible Senaraikan semua kebarangkalian
alternatives..discuss any solution..korek semula? biarkan tanpa cukup bil
solution pile ikut size asal? redesign footing etc.
4 Identify the criteria for decision i.korek semula
making..list out ii. ikut saiz asal tanpa cukup bil pile
iii. redesign footing
5 Evaluate the alternatives and i.korek semula…akan mengganggu struktur tnh
apply sensitivity analysis.. ii. ikut saiz asal tanpa cukup bil pile…tidak
boleh tanggung load structure..
iii. redesign footing…boleh tanggung load
structure
6 Select the “best” alternative.. (iii) redesign
choose
7 Implement the alternative and submit drawing for approvals
monitor results.. action
Engineering Economy, Fifteenth Edition 1-19 Copyright ©2012 by Pearson Education, Inc.
Upper Saddle River, New Jersey 07458
By William G. Sullivan, Elin M. Wicks, and C. Patrick Koelling
All rights reserved.
Steps in an Engineering Economy
Study
Engineering Economy, Fifteenth Edition 1-20 Copyright ©2012 by Pearson Education, Inc.
Upper Saddle River, New Jersey 07458
By William G. Sullivan, Elin M. Wicks, and C. Patrick Koelling
All rights reserved.
Take Home Quiz 1
1.Find one (1) problem economic issues
related on building and construction