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EGN3613: Engineering Economics Analysis
after you watch youtube would you like please answer those question
the fundamentals of engineering economic decisions. The module will review the decision making process and the role of engineers in that decision. Economical decisions has to be made based on the collected information, which is considered as the best information available. A research must be done to thoroughly cover all aspects of the different alternatives. Some of the information will be either estimated or forecasted but in this case we have to understand the uncertainty associated with our prediction. We have to understand that economical decisions are not necessarily time constant
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