Question

Why engineering economics is important for engineers Engineers must be able to incorporate economic analysis into...

Why engineering economics is important for engineers

Engineers must be able to incorporate economic analysis into their creative efforts

Often engineers must select and implement from multiple alternatives

Designing involves economic decisions

Engineers design and create

All given answers
Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Answer: All given answers

Engineering economics is important for engineers because they have to analyze and select the most economical alternative among several alternatives. Engineers play a major role in investment decisions based on the analysis and design of new products or processes. Engineering economics is a set of tools that aid in decision making. Decisions made by the engineer during the engineering phase of a product’s development determine the majority of the costs of manufacturing the product.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
(3)       A Breakeven Analysis is a powerful management tool, and one that is critical in planning, decision-making,...
(3)       A Breakeven Analysis is a powerful management tool, and one that is critical in planning, decision-making, and expense control. It can be invaluable in determining whether to buy or lease, expand into a new area, build a new plant, and many other such considerations.            T                F (4)       According to the segmentation process, a market segment should be: a.Measurable. b.Differentiable. c.Accessible. d.Substantial. e.ALL OF THE ABOVE. f.NONE OF THE ABOVE. (5)       What specifically is a break-even analysis and...
Scenario Please read this scenario and job description carefully. You are involved in the prestigious but...
Scenario Please read this scenario and job description carefully. You are involved in the prestigious but often challenging Google recruitment process. As part of this process you are required to respond to several questions and activities. All your answers must address the context of this scenario and the information given in the individual questions . Job description - Software development professional at Google There's no such thing as “a normal day" at Google. We work to create and maintain the...
1) Which of the following is not a valid way that a CRM system can collect...
1) Which of the following is not a valid way that a CRM system can collect information? A. accounting system B. order fulfillment system C. inventory system D. customer’s personal computer 2)Which of the following is a common marketing CRM metric? A. number of new prospective customers B. average number of service calls per day C. average time to resolution D. cost per interaction by marketing campaign 3)Which question below represents a CRM reporting technology example? A. Why did sales...
The questions: 1. What type of technology Acme and Omega utilize to transform inputs into outputs?...
The questions: 1. What type of technology Acme and Omega utilize to transform inputs into outputs? 2. Which strategic choice (differentiation or cost leadership) suits best to Acme? Omega? Do these companies have clear strategic choices or do they stuck in the middle? 3. Based on all the contingencies which type of structure is more suitable for these companies; mechanistic or organic? please answer each question alone The Paradoxical Twins: Acme and Omega Electronics John F. Veiga Part! boom of...
The consumers who the advertising will try to reach are defined as our ____________ A first...
The consumers who the advertising will try to reach are defined as our ____________ A first hand and detailed observation on the part of the marketing people to observe what is going on inside the store for their brand is called a ____ ____________ that go deeper than behavior and attitude and determine, at a basic level, people’s choices and desires. Research that delivers numerical data or facts on number of users, product usage, awareness levels, demographics, etc., is called...
urgent please provide 3 multiple choice questions with correct answers. Since the early days of Google,...
urgent please provide 3 multiple choice questions with correct answers. Since the early days of Google, people throughout the company have ques- tioned the value of managers. That skepticism stems from a highly techno- cratic culture. As one software engineer, Eric Flatt, puts it, “We are a company built by engi- neers for engineers.” And most engineers, not just those at Google, want to spend their time designing and debugging, not communicating with bosses or supervising other workers’ progress. In...
5.Paralanguage includes yawning and laughing. True False 6.A person with the director style of communication likes...
5.Paralanguage includes yawning and laughing. True False 6.A person with the director style of communication likes to know the whole picture and thrives on details. True False 7.Effective feedback is evaluative rather than descriptive. True False 8.Social cognitive theory posits that humans often evaluate themselves quite differently than others do. True False 9.Vertical communication is required to make a coordinated, cross functional effort in achieving organizational goals. True False 10.The informal system of communication has a highly impersonal orientation. True...
Item 1 In the case below, the original source material is given along with a sample...
Item 1 In the case below, the original source material is given along with a sample of student work. Determine the type of plagiarism by clicking the appropriate radio button. Original Source Material Student Version I accept the point that whenever learning occurs, some medium or mix of media must be present to deliver instruction. However, if learning occurs as a result of exposure to any media, the learning is caused by the instructional method embedded in the media presentation....
1-How important do you believe it is to be task-oriented and relationship-orientated? How would you describe...
1-How important do you believe it is to be task-oriented and relationship-orientated? How would you describe Musk? 2-Why do you think Musk is successful in overcoming obstacles and handling conflict? How do you overcome obstacles in influencing individuals in your life? 3-Besides the personality traits given in chapter 2, what other traits attribute to a great leader? Recognizing Your Traits The definition of intelligence is the ability to acquire and apply knowledge and skills. Elon Musk knew little about rockets...
Analysis: This section should include the issue register as a bare minimum, but may include also...
Analysis: This section should include the issue register as a bare minimum, but may include also why-why diagrams, a Pareto chart, a waste table and/or value-added analysis table. Flow analysis or simulation of this case study might be possible but might require making a lot of assumptions given the provided data. The first part of the project: Introduction    Walmart has continued to retain the top position on the Fortune 500 list for a consecutive fifth year. The brand has...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT