ME443 ENG. ECONOMY & PRODUCTION MANAGEMENT
Course Code: |
5690443 |
METU Credit (Theoretical-Laboratory hours/week): |
3(3-0) |
ECTS Credit: |
5.0 |
Department: |
Mechanical Engineering |
Language of Instruction: |
English |
Level of Study: |
Undergraduate |
Course Coordinator: |
Prof.Dr. MUSTAFA ÝLHAN GÖKLER |
Offered Semester: |
Fall and Spring Semesters. |
Course Content
Introduction and present economy studies. Cost concepts. Time value of money and equivalence. Comparison of investment alternatives. Replacement analysis. Depreciation and after-tax analysis. Sensitivity analysis. Evaluation of public projects. Linear programming. Large scale project planning.