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Wednesday, September 26, 2012

Engineering economics - FE Industrial Engineering module

This part counts 15% of afternoon points based on NCEES FE Supplied-Reference Handbook, 8th edition, 2nd revision.

1. Discounted cash flows.
   This section includes equivalence, PW, EAC, FW, IRR, and loan amortization.
  
2. Types and breakdown of costs.
   This section includes fixed, variable, direct and indirect labor, material and capitalized cost.
3. Analysis.
   This section includes analysis of benefit-cost, breakeven, minimum cost, overhead, risk,incremental, and life cycle.
4. Accounting.
   This section includes financial statements and overhead cost allocation.
5. Costing estimating.
6. Depreciation and taxes.
7. Capital budgeting.

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