| Start Date | End Date | Country | City |
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+966 920007771
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Objectives
Basic cost concept
2. Distinguish between the types of cost behaviors
3. Explain the relationship of types of costs
4. Calculate the relevant costs in business
5. Identify and give examples of variable costs and fixed costs
6. Define and give examples of cost classifications; differential costs, opportunity costs.
7 – Identify the time value of money.
8 – Compare two or more alternatives.
9 – Define Useful Age of Machines.
10 – Do a complete financial study of a project (Yearly Report)
11 – Perform a feasibility study of a project.
Outlines
1- Introduction – Pre-Exam.
2- Definition – Engineering Economy.
3- Why Engineering Economy is Important to Engineers?
4- Finance and Financial Decision
5- Cost Analysis
6- How Time and Interest Affect Money? Time Value of Money.
7- COMBINING FACTORS
8- PRESENT WORTH ANALYSIS
9- Annual Worth Analysis
10- Rate of Return Analysis
11- Replacement Analysis
12- Mutually Exclusive Alternatives
13- Depreciation Models
14- Cost Control for Engineers
15- Sensitivity Analysis – Uncertainty Analysis
16- Applied Example (Case Study)
Conclusion - Final Exam – Evaluation – Scientific Material Review – Ending Program
Who Should Attend
Duration
5 Days
