ORIE 5150 - Economic Analysis of Engineering Systems

Spring. 4 credits.

Prerequisite: ORIE 3150. Co-meets with ORIE 4150.

Staff.

Topics include financial planning, including cash-flow analysis and inventory flow models; engineering economic analysis, including discounted cash flows and taxation effects; application of optimization techniques, as in equipment replacement or capacity expansion models, and issues in designing manufacturing systems. Includes a student group project.