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OTHER ECONOMIC TOPICSOTHER ECONOMIC TOPICSCOMPARISON OF ALTERNATIVE INVESTMENTSEngineers are often confronted with making choices between alternative equipment, designs, procedures, plans or methods. The courses of action require different amounts of capital and different operating expenses. Some basic concepts must be considered before attempting to use mathematical methods for a solution. It is necessary to clearly define the alternatives and their merits. Flow of money takes the form of expenditures or income. Savings from operations are considered…
Don W. Green; Robert H. Perry: Perry's Chemical Engineers' Handbook, Eighth Edition. OTHER ECONOMIC TOPICS, Chapter (McGraw-Hill Professional, 2008 1997 1984 1973 1963 1950 1941 1934), AccessEngineering