Nov 24, 2024  
2012-2013 Graduate Catalog 
    
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2012-2013 Graduate Catalog [NOTE!!!! THIS IS AN ARCHIVED CATALOG. FOR THE CURRENT CATALOG, GO TO CATALOG.NIU.EDU]

ISYE 620 - Economic Analysis of Industrial Projects

Advanced topics in engineering economic analysis including equipment replacement studies, purchases versus lease problems, project selection under budgetary and other resource constraints, mathematical programming formulations for economic optimization under constraints, statistical methods of dealing with uncertainty, evaluation for sequential decisions, portfolio selection, and multiple attributes. Knowledge of probability and statistics and economic analysis is required.

Prerequisites & Notes
PRQ: Consent of department.

Credits: 3