000 10761nam a22006971i 4500
001 8379399
003 IEEE
005 20200413152926.0
006 m eo d
007 cr cn |||m|||a
008 180623s2018 caua foab 000 0 eng d
020 _a9781681733531
_qebook
020 _z9781681733524
_qpaperback
020 _z9781681733548
_qhardcover
024 7 _a10.2200/S00846ED1V01Y201804ENG032
_2doi
035 _a(CaBNVSL)swl000408446
035 _a(OCoLC)1041817820
040 _aCaBNVSL
_beng
_erda
_cCaBNVSL
_dCaBNVSL
050 4 _aHF5686.C8
_bC747 2018
082 0 4 _a657.42
_223
100 1 _aCreese, Robert C.,
_d1941-,
_eauthor.
245 1 0 _aStrategic cost fundamentals :
_bfor designers, engineers, technologists, estimators, project managers, and financial analysts /
_cRobert C. Creese.
264 1 _a[San Rafael, California] :
_bMorgan & Claypool,
_c2018.
300 _a1 PDF (xv, 251 pages) :
_billustrations.
336 _atext
_2rdacontent
337 _aelectronic
_2isbdmedia
338 _aonline resource
_2rdacarrier
490 1 _aSynthesis lectures on engineering,
_x1939-523X ;
_v# 32
538 _aMode of access: World Wide Web.
538 _aSystem requirements: Adobe Acrobat Reader.
500 _aPart of: Synthesis digital library of engineering and computer science.
504 _aIncludes bibliographical references.
505 0 _aPart I. Cost relationships, financial statements, and performance measures -- 1. Fundamental terms and concepts -- 1.1 Introduction -- 1.2 Basic relationships between cash flows, profits, depreciation, and taxes -- 1.3 Cash flow and profit example -- 1.4 Cash flow diagrams -- 1.5 Summary -- 1.6 References -- 1.7 Evaluative questions -- 2. Financial statements and the Purcell diagram -- 2.1 Introduction -- 2.2 Financial statements -- 2.3 The Purcell diagram -- 2.4 Summary -- 2.5 References -- 2.6 Evaluative questions -- 3. Costs and cost estimating -- 3.1 Introduction -- 3.2 Cost components for estimates -- 3.2.1 Basic components -- 3.2.2 Traditional and ABC overhead allocation methods -- 3.2.3 Profit calculations -- 3.3 Cost estimation accuracy -- 3.4 Summary -- 3.5 References -- 3.6 Evaluative questions -- 4. Breakeven analysis -- 4.1 Introduction -- 4.2 Breakeven model basics -- 4.3 Breakeven points -- 4.3.1 Categories and typical examples for the production quantity-based system -- 4.3.2 Categories and typical examples for the production time-based system -- 4.4 Production quantity-based breakeven example -- 4.5 Production time-based breakeven example -- 4.6 Summary -- 4.7 References -- 4.8 Evaluative questions -- 5. Earned value management -- 5.1 Introduction -- 5.2 Earned value management performance parameters -- 5.3 Example problem using traditional earned value management -- 5.4 Example problem using earned schedule in earned value management -- 5.5 Summary -- 5.6 References -- 5.7 Evaluative questions --
505 8 _aPart II. Tools for economic evaluations -- 6. Fundamental definitions, terms, and concepts for technical economic evaluations -- 6.1 Introduction -- 6.2 Fundamental terms related to interest calculations -- 6.2.1 Interest and interest rate -- 6.3 Actual, compound, nominal, and effective annual interest rates -- 6.4 Factors in determining interest rates -- 6.5 Inflation-free interest rates, constant currency, and actual currency -- 6.6 Currency exchange calculations -- 6.7 Summary -- 6.8 References -- 6.9 Evaluative questions -- 7. Basic mathematical relationships for economic calculations -- 7.1 Introduction -- 7.2 Sums of numbers -- 7.3 Geometric progression -- 7.4 Infinite limit -- 7.5 Summary -- 7.6 References -- 7.7 Evaluative questions -- 8. Basic economic factors and equations -- 8.1 Introduction -- 8.2 Single payment discrete interest factors -- 8.3 Uniform series payments discrete interest factors -- 8.4 Single payment continuous interest factors -- 8.5 Uniform series payments continuous interest factors -- 8.6 Summary -- 8.7 References -- 8.8 Evaluative questions -- 9. Gradient economic factors and equations -- 9.1 Introduction -- 9.2 Standard uniform gradient discrete interest -- 9.2.1 Standard uniform gradient discrete interest example -- 9.3 Uniform ramp gradient discrete interest -- 9.3.1 Uniform ramp gradient discrete interest example -- 9.4 Geometric gradient discrete interest -- 9.4.1 Geometric gradient discrete interest example -- 9.5 Escalation gradient discrete interest -- 9.5.1 Escalation gradient discrete interest example -- 9.6 Standard uniform gradient continuous interest formulas -- 9.6.1 Standard uniform gradient continuous interest example -- 9.7 Ramp uniform gradient continuous interest formulas -- 9.7.1 Uniform ramp gradient continuous interest example -- 9.8 Geometric gradient continuous interest formulas -- 9.8.1 Geometric gradient continuous interest example -- 9.9 Escalation gradient continuous compounding formulas -- 9.9.1 Escalation gradient continuous interest example -- 9.10 Summary of gradient expressions -- 9.11 References -- 9.12 Evaluative questions -- 10. Depreciation terms, methods, and systems -- 10.1 Introduction -- 10.1.1 Cash flows -- 10.2 Depreciation terms and definitions -- 10.2.1 Depreciation classes of property -- 10.2.2 Recovery period and depreciation life -- 10.2.3 Depreciation conventions -- 10.3 Traditional methods of depreciation -- 10.3.1 Straight line depreciation method -- 10.3.2 Declining balance depreciation method -- 10.3.3 Depreciation example -- 10.4 The MACRS depreciation systems -- 10.5 Other depreciation methods -- 10.5.1 Section 179 depreciation -- 10.5.2 Production-based depreciation -- 10.6 Summary -- 10.7 References -- 10.8 Evaluative questions -- 11. The impact of loans upon cash flows, taxes, and profits -- 11.1 Introduction -- 11.2 The present value of principal approach for determining the principal and interest components of a loan -- 11.3 Example problem of loan problem using present value of principal approach -- 11.4 Loans with cash flows, depreciation, profits, and taxes -- 11.5 Example problems of loans with cash flows, depreciation, taxes, and profits -- 11.6 Summary -- 11.7 References -- 11.8 Evaluative questions --
505 8 _aPart III. Methods for project evaluation and risk analysis -- 12. Basic project evaluation techniques -- 12.1 Introduction -- 12.2 Payback Period -- 12.2.1 Traditional payback period -- 12.2.2 Discounted payback period -- 12.3 Time value of money analysis for project profit evaluation -- 12.3.1 Present worth analysis of profits -- 12.3.2 Future worth and average annual worth of profits -- 12.4 Return of original investment (ROI) -- 12.5 Return on average investment (RAI) -- 12.6 Summary -- 12.7 References -- 12.8 Evaluative questions -- 13. Advanced project evaluation techniques -- 13.1 Introduction -- 13.2 Internal Rate of Return (IRR) -- 13.3 Modified internal rate of return (MIRR) -- 13.4 Benefit/cost ratio -- 13.4.1 Conventional benefit/cost ratio -- 13.4.2 Traffic intersection evaluation -- 13.5 Modified benefit/cost ratio -- 13.6 Positive and negative project balances -- 13.6.1 Introduction -- 13.6.2 Project A example problem -- 13.6.3 Project Z example problem -- 13.7 Summary -- 13.8 References -- 13.9 Evaluative questions -- 14. Introduction to risk analysis -- 14.1 Introduction -- 14.1.1 Risk vs. uncertainty -- 14.2 Sensitivity analysis -- 14.2.1 Innovative 3D rapid prototyping and tooling center example problem -- 14.2.2 Selling price sensitivity -- 14.2.3 Processing capacity sensitivity -- 14.2.4 Tax rate sensitivity -- 14.2.5 Investment life sensitivity -- 14.2.6 Required rate of return sensitivity -- 14.2.7 Total cost sensitivity -- 14.3 Optimistic-pessimistic analysis -- 14.3.1 Innovative 3D rapid prototyping and tooling center investor concerns -- 14.4 Summary -- 14.5 References -- 14.6 Evaluative questions -- 15. Risk analysis with probability considerations -- 15.1 Probability methods and terminology -- 15.2 Discrete probability examples -- 15.2.1 Donnie the Dealmaker -- 15.2.2 The innovative 3D rapid prototyping and tooling center -- 15.3 Continuous probability models -- 15.3.1 Normal distribution properties -- 15.3.2 Triangular distribution properties -- 15.4 Risk summary -- 15.5 References -- 15.6 Evaluative questions --
505 8 _aA. Discrete and continuous compounding factors -- Author's biography.
506 _aAbstract freely available; full-text restricted to subscribers or individual document purchasers.
510 0 _aCompendex
510 0 _aINSPEC
510 0 _aGoogle scholar
510 0 _aGoogle book search
520 3 _aThis book is designed to introduce designers, engineers, technologists, estimators, project managers, and financial analysts as well as students in engineering and business to strategic cost tools for project cost evaluations. The three main sections are as follows. (1) Cost Relationships, Financial Statements, and Performance Measures--This section describes the relationships between cash flows and profits; the relationships between financial statements and the Purcell Diagram; and the issues of cost estimating, time-based breakeven analysis and time-based earned schedule. (2) Tools for Economic Evaluations--This section considers the basic mathematical relations used behind the economic equations and factors; discrete and continuous interest; depreciation terms and methods; and the Present Value of Principal Approach for evaluating loans. (3) Methods for Project Evaluation and Risk Analysis--This section considers payback periods, present worth analysis, return on investment, internal rate of return, benefit/cost ratios and positive-negative project balances; risk techniques of sensitivity analysis, optimistic-pessimistic analysis, discrete probability examples, and continuous probability models using the normal and triangular distributions.
530 _aAlso available in print.
588 _aTitle from PDF title page (viewed on June 23, 2018).
650 0 _aCost accounting.
650 0 _aManagerial accounting.
650 0 _aEngineering economy.
653 _arisk analysis
653 _aproject evaluation
653 _aloans
653 _aPurcell diagram
653 _aengineering economic expressions
653 _abreakeven analysis
653 _acost estimating and profit calculations
653 _adepreciation methods
653 _aearned value management
776 0 8 _iPrint version:
_z9781681733524
_z9781681733548
830 0 _aSynthesis digital library of engineering and computer science.
830 0 _aSynthesis lectures on engineering ;
_v# 32.
_x1939-523X
856 4 2 _3Abstract with links to resource
_uhttps://ieeexplore.ieee.org/servlet/opac?bknumber=8379399
999 _c562302
_d562302