Conference Session

Innovations in Teaching Engineering Economy

Collection

2014 ASEE Annual Conference & Exposition

Authors

Weihang Zhu, Lamar University; Alberto Marquez P.E., Lamar University; Julia H. Yoo, Lamar University

Tagged Divisions

Engineering Economy

ability and connectivity than a contemporarybasic feature phone. Smartphones run complete operating system software, providing a platformfor application developers. Apple iOS and Google Android are two examples of popularsmartphone platforms. Today, smartphones offer multi-touch screen interfaces featuring manysmall apps with different functions. Some of these small apps are educational applications viaonline market places, such as the Android Play store and the Apple App store. At the time of ourproposal writing in 2010, no suitable apps were available in the stores. Currently there are a fewsimple apps serving as calculators and interest tables. We have developed an app with a muchmore comprehensive coverage that allows students to learn most

Conference Session

Integrating Engineering Economy into Curricula

Collection

2014 ASEE Annual Conference & Exposition

Authors

Heath J. LeBlanc, Ohio Northern University; Bryan O'Neil Boulanger, Ohio Northern University

Tagged Divisions

Engineering Economy

groups (as fictitious companies) to respond to theRFP with the ECE students acting as internal liaisons to aid the CE students in their proposaldevelopment. The ECE students were required to generate estimates of quarterly operating andmaintenance expenses for the data center and were given a trajectory of expected benefits fromthe data center over its 10-year expected lifecycle. After the CE groups submitted the proposals,the ECE students were then tasked with generating quarterly pro forma cash flow statements foreach proposal. The proposal cash flows were compared using incremental rate of return analysisto determine which proposal was the best from an engineering economic perspective. Finally,each ECE student was required to write a