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Book Chapter

Engineering economics

Springer New York, (2016), 3137-3154
DOI: 10.1007/978-1-4939-2565-0_81
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Abstract

Engineering economics is the application of economic techniques to the evaluation of design and engineering alternatives [1]. The role of engineering economics is to assess the appropriateness of a given project, estimate its value, and justify it from an engineering standpoint.

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Watts, J. M., & Chapman, R. E. (2016). Engineering economics. In SFPE Handbook of Fire Protection Engineering, Fifth Edition (pp. 3137–3154). Springer New York. https://doi.org/10.1007/978-1-4939-2565-0_81

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