Academic Catalog

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 LHAN GKLER
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.