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Oklahoma State University

IEM 3513 Economic Decision Analysis

Quantitative evaluation of investment alternatives for non-engineering majors. The role of interest in economic equivalence and in formulating economic comparisons based on present worth, annual equivalent, rate of return and payout criteria. Accounting, depreciation and income tax considerations. Benefit-cost and cost-effectiveness analysis. Cost estimation and allowance for variance in estimates. Not available for credit in industrial engineering curriculum.

Additional Information: 

Prerequisites: MATH 2123.

Registration Procedure: 

Terry Collins