Conference Session

Engineering Economy Division Technical Session 3

Collection

2017 ASEE Annual Conference & Exposition

Authors

Tagged Topics

Diversity

Tagged Divisions

Engineering Economy

requires a car to get to the site and about 3 hours of total time including the tour and travel back and forth from campus.• Macaroon Cookie Business Expansion: This is a theoretical case based on ideas from a student capstone project where a small business company is looking at producing a new product line and they need to analyze if their expansion plans will be cost effective. No tour is provided.• HCP Laser Project – Heating and Cooling Products (HCP) is a small US based ductwork components manufacturer about 1-hour drive north of campus. A previous intern helped develop this case study which was based on the need for the company to improve cost effectiveness in terms of labor and scrap for their blank cutting process for

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

undergraduate and graduate students, even the processes of soliciting, administering,and managing industry projects that reinforce academic topics in engineering, technology,manufacturing, project management, lean, financial literacy, and six sigma1,4-11. Additionaltopics that are reinforced include professionalism (through interaction with industry), teamwork,and leadership12. These projects are also assessed as student work to meet the student learningoutcomes13. The results presented in one paper that reviewed student capstone projects indicatedthat first cost (initial cost) is the most significant metric, followed by annual worth, and payback(simple) within the students’ analysis of their engineering design. Of these top three engineeringeconomy

Conference Session

Engineering Economy Division Technical Session 1

Collection

2020 ASEE Virtual Annual Conference Content Access

Authors

Brian Aufderheide, Hampton University; Otsebele E. Nare, Hampton University

Tagged Topics

Diversity

Tagged Divisions

Engineering Economy, Engineering Management, Industrial Engineering, Systems Engineering

25 new courses. He has supervised over 35 Industrial Design Projects. He is a returned Peace Corps Volunteer. He is dedicated in helping his students to succeed.Dr. Otsebele E Nare, Hampton University Otsebele Nare is an Associate Professor of Electrical Engineering at Hampton University, VA. He received his electrical engineering doctorate from Morgan State University, Baltimore, MD, in 2005. His research interests include System Level Synthesis Techniques, Multi-Objective Optimization, Device Modeling and K-16 Integrative STEM education. American c Society for Engineering Education, 2020 Work in Progress: Engineering Economy Taught Across