ENGR 2273

ENGR 2273 - Engineering Economy

Last Update: July 30, 2004 at 3:47 p.m.

Announcements:

Ch 3 and 4 odd number answers posted

Ch 3 and Ch4 formulas posted under Aug. 2

#	Day	Date	Topics Planned for Summer 2004
1	F	July 9	Introduction to Engineering Economy (up to slide 22), Read pp. 1-23 for Quiz 1 July 12, Ch.1 Suggested Problems: 1.1, 1.9 reviewed July 12, Read pp. 30-54 for Quiz 2 July 12,
2	M	July 12	Time Value of Money (up to slide 54), Ch.2 Suggested problems: 2.4, 2.7, 2.10, 2.13, 2.17, 2.21 reviewed July 14, Read pp. 54-71 for Quiz 3 July 14,
3	W	July 14	Time Value of Money (up to slide 70), Ch.2 Suggested problems: 2.26, 2.28, 2.37, 2.43, 2.44, 2.58, 2.60 reviewed July 16 at 11:10 a.m.
4	F	July 16	Review for Test 1, Test 1 Review and selected odd number problem answers, Test 1 Sample, Test 1 Sample Solutions, Write one 8.5x11 page of hand written notes for Test 1, Read pp. 108-123 for a quiz July 19,
5	M	July 19	Reality Issues, Ch.3 Suggested problems: 3.1, 3.3, 3.8, 3.12, 3.16, 3.18, 3.22 reviewed July 23 at 11:10 a.m.
6	W	July 21	Test 1, Read pp. 83-104 for a quiz July 21
7	F	July 23	Review Test 1, Measuring the Worth of Investments, Read pp. 123-134 for a quiz July 26, Ch.4 Suggested problems: 4.2, 4.8, 4.12, 4.17, reviewed July 28 at 11:10 a.m.
8	M	July 26	Measuring the Worth of Investments, Spreadsheet Problems, Ch.4 Suggested problems: 4.22, 4.23, 4.25, 4.26, reviewed July 28 at 11:10 a.m.,
9	W	July 28	Review for Test 2, Test 2 Review, Test 2 Sample, Test 2 Sample Solutions, Odd Number problem Answers, Comparison of Alternatives (up to slide 28), Read pp. 143-166 for a quiz July 30, Ch.5 Suggested problems: 5.2, 5.4, 5.9, 5.20, reviewed Aug 4 at 11:10 a.m.
10	F	July 30	Comparison of Alternatives, Read pp. 166-176 for a quiz Aug 4, Ch.5 Suggested problems k: 5.22, 5.26-b, c, h, i, j, 5.90, 5.92 reviewed Aug. 6 at 11:10 a.m.,
11	M	Aug. 2	Test 2, Ch 3 and Ch 4 Formulas
12	W	Aug. 4	Cost Concepts, Read pp. 360-399 for a quiz Aug.4, Ch.8 Suggested problems k: 8.4, 8.6, 8.10, 8.15, 8.16, 8.19, 8.20, reviewed Aug. 6 at 11:10 a.m.
13	F	Aug. 6	Review Test 2, Cost Concepts, Decision Making for Technology , Read pp. 213-225 for a quiz Aug. 9
14	M	Aug. 9	Review for Test 3, Test 3 Sample, Test 3 Sample Solutions
15	W	Aug. 11	Final Exam: 11:10 AM

Syllabus

Summer 2004

Instructor: Dr. Ryan Underdown

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

E-mail: underdowdr@hal.lamar.edu

Office Hours: 9:00 - 11:00 a.m. Monday and Wednesday. Others by appointment.

Class Web site: http://dept.lamar.edu/industrial/Underdown/eng_econ/ENGR_2273_Summer_2004.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: Vivek

Office: 2201 Cherry Engineering

E-mail: vivek_palani@lycos.com

Office Hours:?

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

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

College of Engineering Computer Policies

Do not change any settings on the computers in any Lamar University computer lab
Save all files to a disk
Do not download any files from the internet unless specified by an instructor.
Bring a disk to class everyday to save your files.

Grading:

25% Test 1

25% Test 2

25% Final Exam

15% Projects

10% Quizzes

100% Total

Required reading:

Read assigned chapters before attending class

Suggested Problems:

I highly recommend that you work the suggested problems prior to the day the problems will be reviewed. I will not spend a long time on each problem, but will cover all problems. To maximize the benefits of covering all the problems in class, you should have worked all the problems. If you have trouble getting the answers, please feel free to come by my office.

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 hand written notes from the reading. Your lowest quiz grade will be dropped. Bonus quizzes will be given without notice. Bonus quizzes are points added to your total and are voluntary. Missed quizzes and bonus quizzes cannot be made up.

Literature Project - Due Date: August 11, 2004 at 11:10 a.m.

Find a 5-6 page article addressing engineering economy issues in engineering. The article can focus on any area of engineering regardless of your major (thus a Civil does not have to find an article concerning Civil engineering).

Project Deliverables:

1. Cover page with the following information: your name, date, bibliography listing in the following format:

Leach, R.A., L. Whitman, K.J. Rogers, and Underdown, Ryan, "An Enterprise Transformation Methodology to Mitigate Y2K Risk", Logistics Information Management: Special issue on The Year 2000 Problem, 1999. 12(3): p. 269-279

2. One page summary of the article emphasizing how Engineering Economics was used in the article - single spaced, 1 inch margins at each edge, 12 point type, in Times New Roman font

3. Photocopy of the article

Staple all pages with one staple in top left hand corner of page. Notebooks, folders or other forms of binding are strongly discouraged.

Note that your article must be unique (thus no one else in the course can submit the same article). Thus I strongly suggest sending me an e-mail with the bibliography information as soon as you select your article. I will post it on our web site.

Course Project

Course Project – Due Date: August 10, 2004 at 11:10 a.m.

University Policies

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

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.