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Showing posts with label MS Excel. Show all posts
Showing posts with label MS Excel. Show all posts

Sunday, 3 January 2016

MS Excel Application in Engineering Economic Analysis

MS Excel spreadsheet can be used for carrying out engineering economic analysis such as Present Worth Analysis, Future Worth Analysis and Rate of Return. If cash flows throughout service life of alternatives and other related data is given, MS Excel can be conveniently used to carryout PW and FW analysis. The procedures are as follows: