Conference Session

Engineering Economy Division Technical Session 2

Collection

2016 ASEE Annual Conference & Exposition

Authors

Paul C. Lynch, Penn State University Erie, The Behrend College; James F. Kimpel, University of Pittsburgh; Karen M. Bursic, University of Pittsburgh

Tagged Divisions

Engineering Economy

Faculty Award in 2011, 2013, and 2015, the Penn State Industrial & Manufacturing Engineering Alumni Faculty Appreciation Award in 2013, and the Outstanding Advising Award in the College of Engineering in 2014 for his work in undergraduate education at Penn State. Dr. Lynch worked as a regional production engineer for Universal Forest Products prior to pursuing his graduate degrees. He is currently an Assistant Professor of Industrial Engineering in the School of Engineering at Penn State Erie, The Behrend College.Dr. James F. Kimpel, University of Pittsburgh Jim Kimpel joined the faculty of the Katz Graduate School of Business at the University of Pittsburgh in 2012 following a 27-year career in industry. His

Conference Session

Engineering Economy Division Technical Session 3

Collection

2016 ASEE Annual Conference & Exposition

Authors

Corey Kiassat, PhD, MBA, PE P.E., Quinnipiac University; Xiaoyue Jiang, Quinnipiac University

Tagged Topics

ASEE Diversity Committee

Tagged Divisions

Engineering Economy

suggeststhat practice of leadership would grow in proportions as their careers advance3. Graham (2009)showed that leadership education is still a relatively new and under-resourced field4. Ahn et al.(2014) suggest that one of the reasons for the disproportion in leadership education lies in theshortage of research5.Leadership can be generally thought of as the combination of the following skills: management,team building, and creativity6. Wilding et al. (2012) attempt to arrive at a working definition ofleadership specifically for engineering education purposes by conducting and analyzing surveyswith a group of professional and industrial leaders on their Industrial Advisory Board7. A list of12 leadership traits is identified which encompasses

Conference Session

Engineering Economy Division Technical Session 1

Collection

2016 ASEE Annual Conference & Exposition

Authors

Paul C. Lynch, Penn State University Erie, The Behrend College; Joseph Wilck, United States Air Force Academy; Omar Ashour, Pennsylvania State University Erie, The Behrend College

Tagged Topics

Diversity

Tagged Divisions

Engineering Economy

members expressed apressing need for students to be exposed to business planning, financial statements and financialratio analysis with special emphasis on understanding how engineering project decisions impactcompany financial statements1.Shortly after the initial work was carried out to incorporate changes in the engineering economycourse to address the key concerns of the advisory boards, the Penn State University Presidentcalled upon faculty members to put special emphasis on developing business skills in allstudents. The university president called upon the faculty to “Invent Penn State: Let’s turndiscoveries into a great economy, together.”2 The president put forth a $30 million investmentin economic development and student career success

Conference Session

Engineering Economy Division Technical Session 3

Collection

2016 ASEE Annual Conference & Exposition

Authors

Paulina Z. Sidwell, McLennan Community College

Tagged Topics

ASEE Diversity Committee, Diversity

Tagged Divisions

Engineering Economy

short-term study abroad agree that one of the main benefits isthat it can increase students’ interest for further international experiences. Olson and Lalley statethat “a faculty led, highly structured, two to three week study abroad experience for students intheir early year of their college careers could greatly benefit these students by opening their eyesto a wide berth of opportunities such as internships abroad, studying a second language, longerinternational experiences in their later years, and a reduction of travel anxiety”.4For all the reasons listed above, in 2014 MCC’s engineering faculty began looking into thepossibility of putting together an international travel course. Although international travelcourses are somewhat uncommon at

Conference Session

Engineering Economy Division Technical Session 2

Collection

2016 ASEE Annual Conference & Exposition

Authors

Jerome P. Lavelle, North Carolina State University

Tagged Divisions

Engineering Economy

XStudent Admissions X Maintenance and Upgrading of Facilities XEvaluating Student Performance X Library Services XTransfer Students/Courses X Overall Comments on Facilities XAdvising and Career Guidance X CRITERION 8. INSTITUTIONAL SUPPORTWork in Lieu of Courses X Leadership X XGraduation Requirements X Program Budget and Financial Support XTranscripts of Recent Graduates X Staffing XCRITERION 2. PEOs Faculty Hiring and Retention XMission Statement

Conference Session

Using a Real-Options Analysis Tutorial in Teaching Undergraduate Students

Collection

2016 ASEE Annual Conference & Exposition

Authors

John A. White Jr., University of Arkansas

Tagged Divisions

Engineering Economy

Paper ID #15270Using a Real-Options Analysis Tutorial in Teaching Undergraduate StudentsDr. John A. White Jr., University of Arkansas John A. White, Distinguished Professor of Industrial Engineering and Chancellor Emeritus, received his BSIE degree from the University of Arkansas, his MSIE degree from Virginia Tech, and his PhD from The Ohio State University. He is the recipient of honorary doctorates from Katholieke Universitiet of Leuven in Belgium and George Washington University. Since beginning his teaching career as a tenure-track instructor at Virginia Tech in 1963, he has taught more than 4,000 engineering