700 Journals and 15,000,000 Readers Each Journal is getting 25,000+ ReadersThis Readership is 10 times more when compared to other Subscription Journals (Source: Google Analytics)
Case Report Open Access
Appropriate financial decisions are important for success of any company. Sometimes, erroneous selection of project or investment ruins the overall company’s financial condition. There are number of financial or engineering economic tools available but the appropriateness of a given project, estimate its value, and justify it from an engineering economics standpoint is the key. It’s known that engineering economics provides the tools and techniques in evaluating alternatives economically and source of many engineering decisions are based on engineering economics. In this paper, we will make economics decision for the location of copper mining plant using traditional engineering economics tools like cash flow, depreciation, and spider diagram and sensitivity analysis by using a real case study.
Cash flow diagram, Depreciation, Engineering economic tools, Spider diagram, Sensitivity diagram, Torendo diagram, Design and Microfabrication, Dynamical System, Process Engineering