Скачать или смотреть 10. Selecting among alternatives: Useful lives are equal among alternatives

In this video, I explain Selecting Among Alternatives When Useful Lives Are Equal in Engineering Economics, with a clear focus on both worth-based methods and the Rate of Return (ROR) method.
The lecture covers how to compare engineering alternatives that have the same useful life using Present Worth (PW) and Annual Worth (AW), then extends the analysis to Rate of Return methods, including incremental ROR analysis.
You will learn how to construct cash flow diagrams, apply the time value of money, determine whether an alternative is economically acceptable by comparing the ROR with the Minimum Attractive Rate of Return (MARR), and select the most economically justified option.
This topic is essential for sound engineering decision-making in equipment selection, capital investment, and project evaluation.

This video is intended for students studying Engineering Economics, Industrial Engineering, Mechanical Engineering, and Management Engineering.



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