Sep 23, 2023  
2020-2021 Graduate Catalog 
    
2020-2021 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