Conference Session

Engineering Economy Division (EED) Technical Session

Collection

2023 ASEE Annual Conference & Exposition

Authors

Neal A. Lewis, University of Nebraska - Lincoln; Ted Eschenbach, TGE Consulting

Tagged Topics

Diversity

Tagged Divisions

Engineering Economy Division (EED)

, period of retirement, and averageage at death (career and retirement planning).Mortality data from the National Vital Statistics System show large differences in the“expectation of life at age x.” The tabulated value at age 22 for a male American Indian orAlaska Native is 65.3 years and for a female Asian it is 21.1 years longer at 86.4 years.Differences like these are substantial, of major social importance, and highly relevant forpersonal financial planning by students—now and as retirement nears.We assert that engineering economy courses should include the use of relevant demographicbased information for personal financial decision making. Students will begin making financialdecisions regarding insurance, investing, and retirement planning

Conference Session

Engineering Economy Division (EED) Technical Session

Collection

2023 ASEE Annual Conference & Exposition

Authors

Neal A Lewis, University of Nebraska - Lincoln; Jena Shafai Asgarpoor, University of Nebraska - Lincoln; Ipek Bozkurt

Tagged Divisions

Engineering Economy Division (EED)

Engineering/Industrial Management CIP, 1980 – 1999 [4]14. Engineering 14.30 Engineering/Industrial Management 14.3001 Engineering/Industrial Management. An instructional program that describes the application of engineering principles to the planning and operational management of enterprises and organizations, including budgeting, costing, quality control, efficient resource allocation and utilization, product production and distribution, human resource management, systems and plant maintenance, scheduling, storage and security, organization planning, acquisitions, and logistics.Exhibit 2. Description of Engineering/Industrial Management CIP, 2000 – 2010 [6]15. Engineering Technologies/Technicians 15.15

Conference Session

Engineering Economy Division (EED) Technical Session 1

Collection

2023 ASEE Annual Conference & Exposition

Authors

Kate D. Abel, Stevens Institute of Technology (School of Engineering and Science)

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Diversity

Tagged Divisions

Engineering Economy Division (EED)

(50 to 100 mins) Assignments Week PM - Project Initiation, Integration and Change Management – 1 fundamental management Understanding and incorporating steps Stakeholder needs analysis, etc Week PM - Managing Systems and Trends and Benefits in Project Management HW -1 PM 2 IT Projects – Less rework and Improved productivity through defined roles and responsibilities and resource management Week PM – Strategic Planning, Project Life Cycles – Improved Project Cost HW 2 - PM 3 Project

Conference Session

Engineering Economy Division (EED) Technical Session 1

Collection

2023 ASEE Annual Conference & Exposition

Authors

Robert P. Leland, Oral Roberts University

Tagged Topics

Diversity

Tagged Divisions

Engineering Economy Division (EED)

more about the role of technology. Both the internet and wirelesscommunication have been enabling technologies, especially in funds transfers. Students alsorequested fewer restrictions on the choice of loans. This might be accomplished by removing therequirement that they complete the loan amount. That would enable them to invest in largerloans.Future PlansIn the future I plan to start this project earlier in the semester, so the students can get morefeedback on the repayment of their loans. It would also be helpful for the students to conductsome research on the borrower’s country, especially with regard to the economic conditionsaffecting potential borrowers. I also plan to include more connections to cash flow analysis.DiscussionThis

Conference Session

Engineering Economy Division (EED) Technical Session 1

Collection

2023 ASEE Annual Conference & Exposition

Authors

Daniel B. Oerther, Missouri University of Science and Technology

Tagged Divisions

Engineering Economy Division (EED)

Sustainable Development Goals or UNSDGs[1]. The preamble begins, “This Agenda is a plan of action for people, planet and prosperity …They [the 17 goals and 169 targets] are integrated and indivisible and balance the threedimensions of sustainable development: the economic, social and environmental.” Measuringboth the direct as well as the indirect costs (and benefits) of these three dimensions – people,planet, and prosperity – is known as “full cost accounting” or “true cost accounting” (i.e., hereinknown as “triple bottom line”). This triple bottom line varies from “standard accounting” in anumber of important ways. For example, the value of goods and services are recorded even if nocash outlays are involved and lifecycle analysis is used to

Conference Session

Engineering Economy Division (EED) Technical Session 1

Collection

2023 ASEE Annual Conference & Exposition

Authors

Huseyin Sarper, Old Dominion University; Nebojsa I Jaksic P.E., Colorado State University - Pueblo

Tagged Divisions

Engineering Economy Division (EED)

) and although BAC and BA stayed fairly similar in stock prices, TSLA dropped almost $80 a share leaving me with massive losses. Unfortunately, nobody could have seen Elon Musk deciding to buy twitter before buying this stock, so I do not believe this would have happened normally and probably would have taken the same route as BAC and BA. According to Figure 8, I would say there are no strategies involved in investing because everyone’s are just scattered and there is no real way of finding the best investment plan. Overall, this will be very useful to keep in mind in the future when making a lot of money from an Engineering job. I learned a lot from this exercise about how volatile the stock

Conference Session

Engineering Economy Division (EED) Technical Session

Collection

2023 ASEE Annual Conference & Exposition

Authors

Ming Li, Beijing Foreign Studies University; Min Zhao, Graduate School of Education, Beijing Foreign Studies University

Tagged Divisions

Engineering Economy Division (EED)

importantimplications. In order to further effectively achieve teacher cooperation, theevaluation committee needs to work closely with the curriculum committee.3.3 Student power“Student-centered” teaching is one of the educational philosophies followed by 4colleges and universities. The main function of the school is to maximize the role ofthe student in teaching. “student-centered” teaching is the foundation of the survivaland development of colleges and universities, and individualized education forstudents is the embodiment of the school’s characteristics. Taking WPI as an example,“student-centered” teaching is the basic educational philosophy of the “WPI Plan”.Under the guidance of the “student-centered” teaching