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May 09, 2024
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GENTECH 2EE3 - Engineering Economics3 unit(s)
Costing methods of engineering designs and processes; minimum attractive rate of return, return sensitivities, time value of money, internal rates of return, pay-back period, amortization of equipment and capital cost allowance structures.
Three lectures; second term
Prerequisite(s): Registration in Level II of Automotive and Vehicle Technology, Biotechnology or Process Automation Technology
Antirequisite(s): GENTECH 1EE3, 3EE3
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