ENGR 2273 - Engineering Economy

Last Update: Nov. 19, 2003 at 12:06 p.m.

Announcements:

 

 

#

Day

Date

Topics Planned

1

W

Aug 27

Introduction to Engineering Economy , Read pp. 1-23 for a quiz Sept 3, Ch.1 Suggested Problems: 1.1, 1.9

 

M

Sept 1

No class – Labor Day – Ryan and Lisa’s 2nd Wedding Anniversary

2

W

Sept 3

Time Value of Money (up to end of section 2.5.1 – slide 43), Read pp. 30-54 for a quiz Sept 8

3

M

Sept 8

Review Ch.1 Suggested Problems: 1.1, 1.9, Time Value of Money (up to end of section 2.5), Read pp. 54-71 for a quiz Sept 10, Ch.2 Suggested Problems: 2.4, 2.7, 2.10, 2.13, 2.17, 2.21

4

W

Sept 10

Time Value of Money (up to end of section 2.8), Ch.2 HW up to #21 Due, Ch.2 Suggested Problems: 2.26, 2.28, 2.37, 2.43, 2.44, 2.58, 2.60

5

M

Sept 15

Review for Test 1, Ch.2 Suggested Problems up to #60 Due, Test 1 Review and selected odd number problem answers, Test 1 Sample, Test 1 Sample Solutions, Write one 8.5x11 page of handwritten notes for Test 1

6

W

Sept 17

Test 1, Read pp. 83-97 for a quiz Sept 22

7

M

Sept 22

Review Test 1, Reality Issues (up to end of section 3.4), Read pp. 97-104 for a quiz Sept 24, Ch.3 Suggested Problems: 3.1, 3.3, 3.8, 3.12

8

W

Sept 24

 
Reality Issues, Read pp. 108-123 for a quiz Sept. 29, Ch.3 Suggested Problems: 3.16, 3.18, 3.22, Measuring the Worth of Investments, Ch.4 Suggested Problems: 4.2, 4.8, 4.12, 4.17

9

M

Sept 29

Measuring the Worth of Investments, Discuss Ch.3 suggested problems 1-22, Read pp. 123-134 for a quiz Oct. 1, Ch.4 Suggested Problems: 4.22, 4.23, 4.25, 4.26,

10

W

Oct 1

Spreadsheet Problems, Discuss Ch.4 suggested problems 2-17,

11

M

Oct 6

Review for Test 2, Discuss Ch.4 suggested problems 22-26, Test 2 Review, Test 2 Sample, Test 2 Sample Solutions

12

W

Oct 8

Test 2, Read pp. 143-166 for a quiz Oct. 13

13

M

Oct 13

Comparison of Alternatives, Read pp. 166-176 for a quiz Oct. 15, Ch.5 Suggested Problems: 5.2, 5.4, 5.9, 5.20

14

W

Oct 15

Review Test 2, Comparison of Alternatives, Read pp. 213-225 for a quiz Oct. 20, Ch.5 Suggested Problems: 5.22, 5.26-b, c, h, i, j, 5.90, 5.92,

15

M

Oct 20

Decision Making for Technology, Read pp. 256-267 for a quiz Oct. 22

16

W

Oct 22

Income Taxes and Depreciation, pp.256-267, Read pp. 268-278 for a Oct. 27

17

M

Oct 27

Income Taxes and Depreciation, pp.268-278, Ch.6 Suggested Problems: 6.2, 6.4, 6.7, 6.16, 6.19, 6.24, Read pp. 278-291 for a Oct. 29

18

W

Oct 29

Income Taxes and Depreciation, pp.278-291, Ch.6 Suggested Problems: 6.30, 6.34, Read pp. 291-308 for a quiz Nov. 3

19

M

Nov 3

Income Taxes and Depreciation, pp.291-308, Ch.6 Suggested Problems: 6.40, 6.44, 6.46,6.54, 6.58, 6.60,

20

W

Nov 5

Review for Test 3, Test 3 Sample, Test 3 Sample Solutions

21

M

Nov 10

Test 3

22

W

Nov 12

Cost Concepts, Course Project

23

M

Nov 17

 
Review Test 3, Cost Concepts, Read pp. 360-399 for a quiz Nov. 19, Ch.8 Suggested Problems: 8.4, 8.6, 8.10, 8.15, 8.16, 8.19, 8.20

24

W

Nov 19

Cost Concepts, Read pp. 319-336 for a quiz Nov. 24

25

M

Nov 24

Public and Regulated Sectors , Read pp. 336-352 for a quiz Dec. 1, Ch.7 Suggested Problems: 7.4, 7.7, 7.8, 7.12

26

W

Nov 26

 
 

27

M

Dec 1

Public and Regulated Sectors,

28

W

Dec 3

Public and Regulated Sectors, Review Ch7 Suggested Problems

29

M

Dec 8

Review for Test 4, Test 4 Sample, Test 4 Sample Solutions,

30

W

Dec 10

Final Exam: 11:00 – 1:30

 

Syllabus

Fall 2003

Instructor: Dr. Ryan Underdown

Office: 2202 Cherry Engineering, (409) 880 - 8815

E-mail: r_underdown@hotmail.com

Office Hours: 9:00 - 11:00 a.m. Tuesday and Thursday. Others by appointment.

Class Web site: http://dept.lamar.edu/industrial/Underdown/eng_econ/ENGR_2273_Fall_2003.htm

Catalog Information: The time value of economic resources, engineering project investments analysis, effect of taxes on engineering project decisions. Prerequisites: ENGR-1301, MATH-2413

Textbook: White, Agee, Pratt, Case, Principles of Engineering Economic Analysis, 4th ed., Wiley, 1998, ISBN:0-47-11027-2 

Goals: Competence in making quantitative evaluations of engineering alternatives in terms of worth and cost should be achieved by each student. The student's awareness of the economic problems and choices confronting an industrial enterprise or other organization will be heightened. 

 

Teaching Assistant:

Teaching Assistant: Arun Rajendra

Office:

E-mail: AKR3345@hal.lamar.edu

Office Hours: MW 9-11

Computer Usage – Students will use the following software in this class:

  • Microsoft Office XP Suite including: Word, Excel, and Powerpoint 
  • Microsoft Windows XP 
  • Microsoft Internet Explorer 6.0 

 

College of Engineering Computer Policies

  1. Do not change any settings on the computers in any Lamar University computer lab
  2. Save all files to a 3.5 inch disk or to the "My Documents" folder on the C drive of the computer.  Note the "My Documents" area will be deleted on a regular basis throughout the semester.
  3. Do not download any files from the internet unless specified by an instructor.
  4. Bring a 3.5 inch disk to class everyday to save your files.

 

Grading:

20% Test 1 

20% Test 2  

20% Test 3  

25% Final Exam 

7% Project

8% Homework/Quizzes

100% Total

 

Required reading:

Read assigned chapters before attending class

Homework:

All homework should be submitted in the order of the problems given, clearly labeled and stapled in the upper right hand corner.  Any deviations from this format will result in the loss of points.

Quizzes:

We will have quizzes throughout the semester to encourage you to read before coming to class. Each quiz will cover information assigned to be read in the text or handouts.  You will be allowed to use a 4x6 inch card with notes from the reading. 

I will drop your lowest quiz grade.

Course Project – Due – Dec. 3, 2003

 

Important Dates:

Sept. 1, 2003 – No classes: Labor Day

Oct. 6, 2003 – Last day to drop without academic penalty

Nov. 14, 2003 – Last day to drop/withdraw

 

Cell phones, pagers and other communication devices:

Students are asked to have their communication devices on a silent mode during class.  These devices must be placed out of sight during an exam.

Attendance and Drop Policy:

Students are required to read and be prepared to discuss the assigned textbook chapters workbook exercises before attending the class session in which they will be discussed.

Class attendance and lateness policies will be discussed during the first week of class. Those policies include by reference all provision for grade adjustment or drop policies included in the applicable Graduate or Undergraduate Catalog in effect at the start of the semester.

NO STUDENT WILL BE DROPPED FROM THE CLASS ROLLS FOR NEVER ATTENDING OR EXCESSIVE ABSENCES.

A student dropping a course after the Census Date but on or before the appropriate final drop date will receive a grade of "W" only if at the time of dropping, the student is passing the course (has a grade of A, B, C, or D); otherwise an F will be received.

Absences Based on Religious Beliefs:

A student who misses an examination, work assignment, or other project due to the observance of a religious holy day will be given the opportunity to complete the work missed within 15 days following the due date of the assignment, test, or other project missed. To be eligible for such a make-up, the student must notify me in writing of classes scheduled on dates he or she will be absent to observe a religious holy day. Notification must be made within the first 15 (fifteen) class days through either a written correspondence, personal delivered, acknowledged and dated by me or written correspondence sent certified mail, return receipt requested to me. Failure to follow the rules provided above within the time frames listed will result in the absence being considered unexcused.

Americans With Disabilities Act (ADA):

Lamar University is on record as being committed to both the spirit and letter of the ADA to make reasonable adjustments in the classroom necessary to eliminate discrimination on the basis of disability. Students should meet with the Instructor during the first week of class to discuss their special needs and advise the instructor of any special needs, abilities or limitations and to discuss the instructor’s expectations in class participation, performance and work standards. Any disclosure by the students of their need for accommodations is recognized to be extremely sensitive and all conversations and other communications will be kept protected and confidential and disclosed on a need-to-know basis only.

Students are responsible for contacting and consulting with the University’s Office for Students with Disabilities prior to contacting the instructor about any disabilities. The student should provide the instructor with some form of written documentation of the disability from an acceptable, external sources (such as a doctor, psychiatrist, etc.) and from the Office for Students with Disabilities.

Academic Dishonesty:

All students are expected to pursue their scholastic careers with honesty and integrity.

It is the philosophy of this Department, this instructor and Lamar University that academic dishonesty is a completely unacceptable mode of conduct and will not be tolerated in any form. All persons involved in academic dishonesty will be disciplined in accordance with University regulations and procedures. Discipline may include suspension or expulsion from the University.

"Academic dishonesty includes, but is not limited to, cheating, plagiarism, collusion, the submission of credit of any work or materials that are attributable in whole or in part to another person, taking an examination for another person, or any act designed to give unfair advantage to a student or the attempt to commit such acts."

Make Up Exams:

Final exam grade replaces missed exam grade. The test will be comprehensive covering the entire semester of material. Students who wish to use this option must inform me via e-mail 1 week prior to the final exam.

Attendance and Participation:

I encourage you to participate in class discussions and attend class regularly. The more you participate on a regular basis, the more you will gain from this course. Effective participation requires good preparation therefore I absolutely encourage you to read the material before class.