Conference Session

Engineering Economics Teaching Tools

Collection

2015 ASEE Annual Conference & Exposition

Authors

Jerome P. Lavelle, North Carolina State University; Matthew T. Stimpson, North Carolina State University; E. Downey Brill, North Carolina State University

Tagged Divisions

Engineering Economy

Criterion 3(i) “a recognition of the need for, and anability to engage in life-long learning.”14 With this in mind, and considering the format of theFundamentals of Engineering Exam15, the grading structure was also modified so that theentire grade was based on the final exam. To assist students in preparing for the final examand provide feedback on their learning through the semester, two optional practice exams wereprovided. These exams were graded and provided the basis for students to obtain feedback andwork on deficient learning areas.Results: Of note this semester was the particularly high percentage of students who failed thecourse. Additionally, the grade distribution of the fall 2012 and spring 2013 offerings differedsignificantly from one

Conference Session

Engineering Economics New Frontiers

Collection

2015 ASEE Annual Conference & Exposition

Authors

Zia A. Yamayee, University of Portland; Mojtaba B. Takallou P.E., University of Portland; Robert J. Albright P.E., University of Portland

Tagged Divisions

Engineering Economy

and evaluated every year.The choice of courses for course-embedded assessment is guidedby two principles: (1) each Student Outcome is assessed withstudent work in a benchmark course, and (2) only required courses,not elective courses, in the curriculum are selected as benchmarkcourses.Assessment of a benchmark course is conducted with the followingin mind: (1) assessment of student work measures the extent towhich SOs are being attained, (2) it is not necessary to use all ofthe student work to assess an outcome, and (3) outcomesassessment is based upon student work and is guided by thegrading of that work.The implementation of our course-embedded assessment methodto a benchmark course, namely Engineering Economics, ispresented in this paper

Conference Session

Curricula Innovations in Engineering Economics

Collection

2015 ASEE Annual Conference & Exposition

Authors

Gloria Margarita Fragoso-Diaz, Tarleton State University; Billy Gray, Tarleton State University; Erick Jones, University of Texas, Arlington

Tagged Divisions

Engineering Economy

in table 2supports the previous statement. With this in mind, the next step would be to evaluate theassignments that the students worked to compare against their survey responses as is planned infuture work.The CaseA simulation for a mass casualty event caused by a tornado hitting the community was plannedand executed by the Nursing department at TSU. The initial goal was for the Nursing departmentto provide a simulated experience in mass casualty treatments for their students. As the Nursingstaff proceeded to plan for the event they came to the point where they asked for help from otherareas to support their activities. Faculty and students from the Engineering Technologydepartment participated in the simulation that was run in real time

Conference Session

Engineering Economics New Frontiers

Collection

2015 ASEE Annual Conference & Exposition

Authors

Hector E. Medina, Liberty University; Kyle Michael Ceffaratti, Liberty University

Tagged Divisions

Engineering Economy

Paper ID #14237NOVEL VISUAL ALGORITHM TO TEACH BENEFIT-COST RATIO ANAL-YSISDr. Hector E. Medina, Liberty University Dr. Medina is an Assistant Professor of Mechanical Engineering at Liberty University in Lynchburg, Virginia. He obtained a B.Sc. in Engineering from the Colorado School of Mines, and both a M.Sc. and Ph.D. in Mechanical and Nuclear Engineering from the Virginia Commonwealth University. Prior to graduate school, he worked in industry and as a high school teacher for several years, in his native Venezuela and Aruba. Since 2012, he has published about a dozen articles in peer-review journals and conference

Conference Session

Engineering Economics New Frontiers

Collection

2015 ASEE Annual Conference & Exposition

Authors

Oscar M. Bonilla, Baruch College of the City University of New York; Donald N. Merino P.E., Stevens Institute of Technology (SES)

Tagged Divisions

Engineering Economy

enterprise mission critical and capital projects. His research interests are in the field of engineering management and technology transfer, specifically on the economics and commercialization of renewable energy tech- nologies. His intellectual work has been published in international engineering management and systems engineering journals. His professional experience includes more than 10 years of work on industrial automation, dynamic systems control, reliability, six sigma, lean manufacturing, continuous processes improvement, and project and operations management. He obtained a bachelor degree in automation en- gineering from La Salle University in Colombia, a master’s degree in industrial processes’ automation