Instructions:
•Due DateoWednesday, December 9th, 2020 before midnight (11:59) PM in BBoThe submission will be through BB. Email and late submissions will not be considered.
•Submission oSubmission should be in four files as follows (One submission per group with all team members names and IDs on the submission):a)Report – as per the template uploaded in the content folder on BB (Single PDF file)b)Poster – as per the template uploaded in the content folder on BB (Single PDF file)c)Supplementary data analysis files (Single Excel file) d)Supporting information about the data collection and samples of these email quotes/correspondences/website used as a reference in the report (Single PDF file)
•Grading Rubric (The case study accounts for 5% of the total course grade) oReport (Sub total 80%)a)Data 25% b)Analysis 25% c)Organization and Formatting 15% d)Findings and conclusions 15% oPoster (Sub total 20%)a)Content 10% b)Organization and Visual 10%
•TeamsoWork can be done in groups of two to three students. Description: Research two different potential investments in an asset or machinery related to your specific engineering discipline (e.g., concrete 3D printers for civil engineers, diesel engines for mechanical engineers, and supercomputers for computer engineers) and collect the needed data for the investment through either online search or phone calls. Estimate, analyze, and/or compare the different alternatives based on the following:1)Initial cost (visit company websites or talk to vendors/suppliers to get email unofficialquotes).
2)Useful life of the asset (visit companies’ websites or request technical specifications from vendors/suppliers).
3)Operation and maintenance costs (annual or monthly
4)Visit the website of a local bank to collect information on how to finance an equipment purchase and based on the information, calculate the finance cost of the investment. Discuss the difference between the Flat and Reducing (Diminishing) interest rates.
5)Use MS Excel to calculate the present worth, annual worth and internal rate of return of each investment using an interest rate of 12%.
6)Compare the two investments and recommend the best one.
7)Repeat Steps #5 and #6 using an interest rate of 14%. Will a different interest rate change your conclusion (Discuss)?
8)Discuss the differences between Islamic Bank (Murabaha) and regular finance. 9)Discuss means to improve the return of these investments.
Note: Gathering the following information needed is the responsibility of the student groups and is an important part of the learning process. The requested data is unofficial and the vendors need to know it is for educational purposes. So the information can be approximate and not necessarily the exact pricing that these vendors are providing. To achieve that, the students are encouraged to explore companies’ websites, talk to vendors/suppliers/ financial institutions, request email quote(s) and technical specification(s) from the vendors/suppliers/financial institutions etc. Most importantly, save these transcripts (e.g., email copies) and attach it along with the submission as references and records.
Instructions to prepare engineering economics case study report
A.B. Author1a and B.D. Author2b
aDepartment of …, University of …, Country
bSchool of …, University of …, Country
E-mail: Author1@aa.bb.edu, Auhor2@cc.dd.edu
Abstract –
Body of the abstract indented like this. So all these are for illustrative purposes only.
Keywords –
Instructions; Formatting; Authors; REPORT
Body of the text indented like this. This data was obtained from [1]. Figure 1 consists of this data collected. Table 1. Summarizes our preliminary results from the analysis. The above sentences show how to refer figures and tables in the text
Body of the text indented like this.
Body of the text indented like this.
Figure 1. This is the caption of the figure
Table 1. Manuscript margins
Margin | A4 (210 x 297 mm) |
Top | 3.5cm |
Bottom | 3.5cm |
Left | 2.5cm |
Right | 2.0cm |
Body of the text indented like this.
Body of the text indented like this.
Body of the text indented like this.
References
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