Engineering and Managerial Economics Author:Ira H. Kleinfeld This text explains how to apply quantitative tools from economics to engineering problem solving. Its goal is to help readers make decisions that are not only technically feasible, but also economically sound. The text pursues this goal by a clear presentation of fundamental concepts and the use of numerous practical illustrations. Features of t... more »he text include: complete program listings and documentation for two problem-solving computer programs; the treatment of replacement analysis on an after-tax basis; coverage of order costing, standard costs and the capital asset pricing model for determining the cost of capital; and the use of cash flow diagrams.« less