Conference Session

Outstanding Contributions to Mechanical Engineering Education

Collection

2009 Annual Conference & Exposition

Authors

Sivakumar Krishnan, Indiana University-Purdue University, Indianapolis; M. Razi Nalim, Indiana University-Purdue University, Indianapolis

Tagged Divisions

Mechanical Engineering

Academic Librarianship, 34:1, pp. 25 -30, 2008.3. Acar, B. S., Newman, I. A. “Students as Tutors-Learning Problem-Solving Skills by Tutoring PBL” International Journal of Engineering Education, 19:5, pp. 712-716, 2003.4. Denayer, I., Thaels, K., Sloten, J. Vander and Gobin, R. “Teaching a structured approach to the design process for undergraduate engineering students by problem-based education” European Journal of Engineering Education, 28:2, pp. 203 – 214, 2003.5. Said, S. M., Adikan, F. R. Mahamd, Mekhilef, S. and Rahim, N. Abd “Implementation of the problem-based learning approach in the Department of Electrical Engineering, University of Malaya” European Journal of Engineering Education, 30:1, pp. 129 - 136, 2005.6

Conference Session

Engineering Education in Africa, Asia and the Mid-East Region

Collection

2009 Annual Conference & Exposition

Authors

Scott Hamilton, United States Military Academy; Eric Crispino, United States Military Academy; Andrew Bellocchio, United States Military Academy; Aaron Hill, United States Military Academy; Stephen Ressler, United States Military Academy

Tagged Divisions

International

EngineeringEducation Annual Conference, Pittsburgh, PA.9. Ressler, Stephen J., Gash, Richard, Conley, Christopher, Hamilton, Scott R., Momand, Farid, Fekrat,Qaium, and Gulistani, Aziz. "Implementing a Civil Engineering Program at the National Military Academyof Afghanistan." American Society for Engineering Education Annual Conference, Pittsburgh, PA.10. Estes, A. C., Welch, R. W., and Ressler, S. J. (2005). "The ExCEEd Teaching Model." Journal ofProfessional Issues in Engineering Education and Practice, 131(4), 218-222.11. Mortenson, Greg, and Relin, David O. (2007). Three Cups of Tea: One Man's Mission to PromotePeace . . . One School at a Time Penguin.12. Welch, R. W., Ressler, S. J., and Estes, A. C. (2005). "A Model for Instructional Design." Journal

Conference Session

Embedded Computing

Collection

2009 Annual Conference & Exposition

Authors

Michael Swanbom, Louisiana Tech University; Davis Harbour, Louisiana Tech University; Hisham Hegab, Louisiana Tech University; Danny Eddy, Louisiana Tech University

Tagged Divisions

Computers in Education

-fit equation using least-squares regression analysis as shown in Figure 8.As with the calibration equation for the conductivity sensor, this equation is first used to Page 14.56.7establish convenient set-point time values for various temperature values, then the equation isinverted to provide temperature values based on sampled time values. In addition, as with theconductivity sensor equation, this inverted calibration equation must be adjusted to work with theinteger values provided by the Basic Stamp controller. RCTIME value versus Temperature RCTIME value (2  s

Conference Session

Issues and Opportunities in IE Education

Collection

2009 Annual Conference & Exposition

Authors

Lesley Strawderman, Mississippi State University

Tagged Divisions

Industrial Engineering

traditionally taught students. Journal of Engineering Education, 87(4), 469- 480.11. Prince, M. J., & R. M. Felder. (2006). Inductive teaching and learning methods: Definitions, comparisons, and research bases. Journal of Engineering Education, 95(2), 123-138.12. Smith, K. A., Sheppard, S. D., Johnson, D. W., & Johnson, R. T. (2005). Pedagogies of engagement: Page 14.1334.8 Classroom-based practices. Journal of Engineering Education, 94(1), 87-101.

Conference Session

Methods and Techniques in Graduate Education

Collection

2009 Annual Conference & Exposition

Authors

Bimal Nepal, Texas A&M University; Paul Lin, Indiana University-Purdue University, Fort Wayne

Tagged Divisions

Graduate Studies

inTable 1.Table 1: M.S. in Technology Courses Offering Fall 2006 to Fall 2008 Semester Course Title Graduate Undergrad Enrollment Enrollment2006-F ECET 581 Wireless Sensor Network Sys & Apps (CPET 499) 2 42007-S CPET 581 Mobile Computing Tech & Apps (CPET 499) 2 52007-S IT 507 Measurement and Eval in Indus & Tech 6 N/A2007-F ECET 581 Wireless Sensor Network Sys & Apps (CPET 499) 2 12007-F ECET 581 Advanced Network Security (CPET 499) 5 52007-F IT 508

Conference Session

Computational Tools and Simulation II

Collection

2009 Annual Conference & Exposition

Authors

Brianno Coller, Northern Illinois University

Tagged Divisions

Computers in Education

quickly,compared to one with slow convergence. The problem only needs to be solved once so there islittle benefit to choosing a technique whose iterative process starts easily. In fact, there is no needto use any of the numerical methods covered by the textbook. Students may use a plottingpackage to solve it graphically. They may perform a manual search by punching numbers into apocket calculator. They may find a canned routine that generates the root(s) without requiringany thought at all.In the gear shifting problem, choice of root finding technique is critically important. Forexample, any technique that requires a derivative is doomed to fail: differentiation of discretelysampled data is inherently noisy. Furthermore, students need a technique

Conference Session

Outcomes of Cooperative Education Assignments

Collection

2009 Annual Conference & Exposition

Authors

Daniel Walsh, California Polytechnic State University

Tagged Divisions

Cooperative & Experiential Education

direct costs as well asto support it with the participation of their employees.Bibliography 1. Anwar, S., Favier, P., Ravaliterra, G “An International Collaboration in Engineering Project Design and Curriculum Development: A Case Study”, Proceedings ICEE 1999, Paper 123, Prague, Czechoslovakia, July 1999. 2. Burain, S., et. al., “Multidiscipline Team Teaching Approach to Enhance Project Based Learning of Sustainable Design”, Proceedings, Annual Conference of the American Society for Engineering Education, Pittsburgh, PA, June 2008 3. Widmann, J., “Enhancement of the Capstone Industry Sponsored Senior Projects Through Team-Based, Product Realization Activities”, Proceedings, Annual Conference of

Conference Session

Teams and Teamwork in Design I

Collection

2009 Annual Conference & Exposition

Authors

Joel Dillon, United States Military Academy; Jill Cheney, United States Military Academy

Tagged Divisions

Design in Engineering Education

personality-based teams outperformed the C Hour self-selected teams in bothhang time and accuracy (as measured by the average distance their rockets landed from thetarget) as can be seen below: B Hour C Hour Instructor Assigned Teams Self Selected Teams Avg Rocket Hang Time Avg Rocket Hang Time 6.20 s 5.82 s Avg Distance to Target Avg Distance to Target 47.8 ft 60.6 ft   Figure 7: Section Performance on EDP 2The personality-based

Conference Session

Engineering Ethics, Academic Integrity

Collection

2009 Annual Conference & Exposition

Authors

Shobi Sivadasan, Stevens Institute of Technology; Brian Sauser, Stevens Institute of Technology

Tagged Divisions

Engineering Ethics

textbooks. Researchers have plagiarized reports,articles, and book chapters.” Most people may not be aware that the late civil rightsleader, Martin Luther King Jr., was believed to have plagiarized5 his doctoral dissertationin theology, completed at Boston University. In his dissertation he used information fromBoston University graduate, Jack S. Boozer’s dissertation without proper citation. Eventhough this came to light in 1991, nearly 35 years following King’s death, it tends toportray one of the greatest American leaders in a bad perspective. Even though theinquiry committee at Boston University acknowledged that he had indeed committedplagiarism, his degree was not withdrawn and the case was declared closed6.An article written by Australian

Conference Session

Engineering and Mathematics Potpourri

Collection

2009 Annual Conference & Exposition

Authors

Athanasios Tsalatsanis, University of South Florida; Ali Yalcin, University of South Florida; Autar Kaw, University of South Florida

Tagged Divisions

Mathematics

minimize the time commitment to use such a system for his/her courses. Finally, thedesign of the system must be sufficiently flexible to be used in a wide range of courses,disciplines and institutions.Bibliography1. Polkowski, L., Tsumoto, S., Lin, T.Y., Rough Set Methods and Applications: New Developments in Knowledge Discovery in Information Systems, Physica-Verlag, New York, 2000.2. Lee, S.W., Lerschberg, L., A methodology and life cycle model for data mining and knowledge discovery in precision agriculture, IEEE International Conference on Systems, Man and Cybernatics, vol. 3, pp. 2882-2887, 1998.3. Ahmad, F., Zakaria, N.H., Osman,S.W.R., Transforming Information-Based Agricultural Portal to Knowledge- Based

Conference Session

Advanced Materials Education

Collection

2009 Annual Conference & Exposition

Authors

Ajit Kelkar, North Carolina A&T State University; Ronnie Bolick, North Carolina A&T State University

Tagged Divisions

Materials

, strength etc. Furthermore, it is also stressed that the cost ofmaterials and manufacturing, is comparable to the parts that are being reengineered.Session 3: Reengineering of an actual engineering component made out of AluminumIn the lectures 1 and 2 of Session 3, a replacement for a typical aerospace part made out ofAluminum 2024- T3 is considered as a reengineering project. First students are provided withphysical properties of the aluminum and fiberglass/carbon composites. In general students followthe following procedure for reengineering the component using composite materials.Reengineering procedure≠ Tape properties are calculated using classical micro-mechanical theory for S-Glass fibers and Carbon fibers with Epoxy resin system

Conference Session

Laboratories in Electrical and Computer Engineering Technology

Collection

2009 Annual Conference & Exposition

Authors

Arif Uluagac, Georgia Institute of Technology; Walter E. Thain Jr.; Thomas Fallon, Southern Polytechnic State University; John Copeland, Georgia Institute of Technology

Tagged Divisions

Engineering Technology

in the area of lightwave communications and optical logic. At Sangamo Weston he was responsible for R\&D Page 14.485.1 groups at ten divisions. At Hayes was responsible for the development of modems with data compression and error control, and for Hayes' representation on CCITT and ANSI standards committees. Dr. Copeland received B.S., M.S. and Ph.D. degrees in physics from the Georgia Institute of Technology . He has been awarded 41 patents and has published over 60 technical articles. In 1970 he was awarded IEEE 's Morris N. Liebmann Award for his work on gallium© American Society for

Conference Session

Implementation of the Civil Engineering Body of Knowledge and Recent ABET Experiences

Collection

2009 Annual Conference & Exposition

Authors

Jean-Pierre Bardet, University of Southern California; Gisele Ragusa, University of Southern California

Tagged Divisions

Civil Engineering

assessment that will assist ASCE in meeting its goals set forth for BOK-2. The complete BOK2, which can be found in American Society of Civil Engineers (2008),is not duplicated in this paper due to limitation on the number of pages. Table 2 provides onlyexcerpts of the first two BOK2 outcomes, namely Mathematics, and Natural Sciences. BOK2contains a total 24 rows for the knowledge dimension and 6 columns for the level of cognitiveachievement. Each cell contain rubric that students must satisfy in order to reach a certainknowledge level in a knowledge topic. Each rubric has a verb (outlined in bold letter) for de-scribing the cognitive level, followed by object(s) for describing the knowledge dimension. Forinstance, “Define key factual

Conference Session

Engineering Ethics V

Collection

2009 Annual Conference & Exposition

Authors

Douglas Oliver, University of Toledo

Tagged Divisions

Engineering Ethics

4to resign. Siemaszko declined to resign. Being concerned that quitting might indicate that hewas guilty of misconduct, Siemaszko chose to be fired.16 Shortly after being fired Siemaszko filed a whistle-blower lawsuit against FENOC withthe Occupational Safety and Health Administration claiming that he was fired for his efforts toraise concerns about safety at Davis-Besse. FENOC defended itself by claiming that:  “Siemaszko failed to follow the Boric Acid Corrosion Control procedure and inaccurately recorded the results of his 2000 … inspection and cleaning activities”, and  “Siemaszko was a key technical contributor to the Company’s response(s) to NRC Bulletin 2001-01… which contained inaccurate and/or

Conference Session

Develop Course / Materials / Topics for a Global Engineering Education

Collection

2009 Annual Conference & Exposition

Authors

Lawrence Whitman, Wichita State University; Zulma Toro-Ramos, Wichita State University; Barbara Chaparro, Wichita State University; Veronica Hinkle, Wichita State University; Colin Davidson, Spirit Aerosystems; Chris Wilkinson, Spirit Aerosystems

Tagged Divisions

International

and Professor of Industrial and Manufacturing Engineering at Wichita State University. She received a B.S. in Industrial Engineering from the University of Puerto Rico and a M.S. in Industrial and Operations Engineering in from the University of Michigan. She also holds a Ph.D. in Industrial and Systems Engineering from Georgia Institute of Technology. Dr. Toro-Ramos has been in academic administration for over sixteen years. Her research interests include engineering education, broadening the participation in higher education and transformation of institutions of higher education.Barbara Chaparro, Wichita State University Barbara S. Chaparro has a Ph.D. in Experimental Psychology from

Conference Session

Computers and Software in Teaching Mathemathetics

Collection

2009 Annual Conference & Exposition

Authors

Jenna Carpenter, Louisiana Tech University

Tagged Divisions

Mathematics

university, including come-and-go tutoring sessions andthe more formal Supplemental Instruction program (both of which averaged 10 – 20 students perday total from all lower-level mathematics courses, including calculus).Homework/E-Mail: In the Fall of 2006 the Mathematics and Statistics Program at LouisianaTech University began piloting a web-based homework system in an effort to increase studentmastery of course content and increase individual student accountability on out-of-classassignments. They chose a program called WeBWorK14, developed in the mid-1990’s atUniversity of Rochester by Arnold Pizer and Michael Gage. Two of the primary goals of thisproject were: 1) to increase student mastery of course content, and 2) to increase individualstudent

Conference Session

Knowing Our Students, Faculty, and Profession

Collection

2009 Annual Conference & Exposition

Authors

Marisa Orr, Clemson University; Zahra Hazari, Clemson University; Philip Sadler, Science Education Department, Harvard-Smithsonian Center for Astrophysics; Gerhard Sonnert, Science Education Department, Harvard-Smithsonian Center for Astrophysics

Tagged Divisions

Educational Research and Methods

Integrated Postsecondary Education Data System (IPEDS), Fall 2006.2. Lent, R. W., Brown, S. D., & Hackett, G. (1994). Toward a unifying social cognitive theory of career and academic interest, choice, and performance. Journal of Vocational Behavior, 45(1), 79-122. Page 14.306.93. Vroom, V. H. (1964). Work and motivation. New York: Wiley.4. Bandura, A. (1986). Social foundations of thought and action : A social cognitive theory. Englewood Cliffs, N.J.: Prentice-Hall.5. Fouad, N. A., & Smith, P. L. (1996). A test of a social cognitive model for middle school students: Math and science. Journal of

Conference Session

Implementation of Experiments in Manufacturing Education

Collection

2009 Annual Conference & Exposition

Authors

Nebojsa Jaksic, Colorado State University, Pueblo; Dawn Spencer, Colorado State University, Pueblo

Tagged Divisions

Manufacturing

satisfied with thelaboratory experience. Furthermore, as indicated by students’ survey results in two consecutiveyears, significant improvements in this laboratory were accomplished by introducing traditionalmanufacturing processes through the book-making processes. Finally, the laboratory equipmentpurchased to run the book-making experiment was inexpensive thus making it affordable forimplementation in many other institutions.Bibliography1. Peters, F., Jackman, J, Ryan, S, and Olafsson, S., “An Active Learning Environment in an Integrated Industrial Engineering Curriculum,” Proceedings of the 2003 ASEE North Midwest Section Conference, 2003. http://www.asee.org/activities/organizations/sections/proceedings/NorthMidwest/2003/contents

Conference Session

Engineering Education in India, Central and Eastern Asia

Collection

2009 Annual Conference & Exposition

Authors

Bob Lahidji, Eastern Michigan University; Walter Tucker, Eastern Michigan University; Jianhua wang, Eastern Michigan University

Tagged Divisions

International

ownediron mines in Minnesota, coal mines in West Virginia, and rubber plantations in Brazil inhis attempt to control the entire supply chain. This model was followed by other largemanufacturers such as General Motors and process industries such as Standard Oil. So Page 14.147.2powerful was this model that through the 1960’s their sheer size and integration fendedoff competition since challenging such behemoths was considered too expensive for anysingle company. The amount of capital required to compete was widely accepted as arelatively insurmountable “barrier to entry” thus ensuring monopolies and oligopoliesespecially in the auto industry.3 From the 1920s

Conference Session

Student Attitudes and Perceptions

Collection

2009 Annual Conference & Exposition

Authors

Johannes Strobel, Purdue University; Inez Hua, Purdue University; Jun Fang, Purdue University; Constance Harris, Purdue University; Lindsey Tracy, Purdue University

Tagged Divisions

Educational Research and Methods

, 1978; North American Association forEnvironmental Education, 1999). Despite this, ‘two-thirds of adult Americans consistently failsimple tests of environmental knowledge’2.It can only be imagined, how much high school and beginning college students know aboutenvironmental and ecological engineering and are aware that engineering is a major careerchoice for students who want to make an environmentally and ecologically sustainable impact.The following examples demonstrate that engineering skills and knowledge are essential toenvironmental protection and enhancement. First, would a person switch from a standardresidential home to an “energy efficient home”, if s/he knew that the carbon footprint, use ofenergy, and greenhouse gas emissions of

Conference Session

Project-Based Learning in ECE Education

Collection

2009 Annual Conference & Exposition

Authors

Sharlene Katz, California State University, Northridge; James Flynn, California State University, Northridge

Tagged Divisions

Electrical and Computer

technology.III. What is Software Defined Radio(SDR)?Software Defined Radio (SDR)11-14 is an emerging technology built on one of the greatdevelopments of the 20th Century: fast and cheap microcomputers. It represents a new method inprocessing radio signals that is a quantum leap over the older, original method of analogprocessing.Since the invention of radio in the late 1800’s, signals have been processed through a singlemethod: the signal is picked up by an antenna that turns the radio wave back into a fluctuatingvoltage signal. This signal is passed on to various components in the receiver which react with itto eventually produce the sound, video or data that is desired.The function of these components and systems has been modeled mathematically in

Collection

2009 Spring ASEE Middle Atlantic Section Conference

Authors

Robert M. Brooks; Berk Ayranci; Amithraj Amavasai

22tcalculated = 2.51Fig. 1. Sample Notes made by a StudentReferences 1. Bacon, D. 2004.”The Contributions of Reliability and Pretests to Effective Assessment” Practical Assessment, Research and Evaluation,Vol. 9, No. 3. 2. Silage, D. 2007. “Pretests in the Classroom Pretests in the Classroom, Its not exactly what you think they are!”.Presented at the College of Engineering Assembly Meeting, 2008. 3. Bacon, D. 2002. “Issues in the use of pretests.” Paper presented at the Colorado Regional Higher Educational assessment Conference, Westminster, CO. 4. Sax, G 1997. “Principles of educational and psychological measurement and evaluation, 4th edition, Belmont, CA, Wadsworth. 5. Haldar, A and Mahadevan, S. 2000

Conference Session

Beneficial Case Studies in AEC Education

Collection

2009 Annual Conference & Exposition

Authors

Edmond Saliklis, California Polytechnic State University; Robert Arens, California Polytechnic State University; Joseph Hanus, United States Military Academy

Tagged Divisions

Architectural

might learn to move up and down the taxonomy fromtheir Architectural peers. Page 14.1126.2Bloom’s TaxonomyBloom’s Taxonomy is the seminal work of the 1950’s educational committee chaired byBenjamin Bloom. The committee established a set of taxonomies in three domains of learning:cognitive, affective and psychomotor. The cognitive domain taxonomy is widely accepted inmany fields and has been identified as, “arguably one of the most influential educationmonographs of the past half century 1.” The taxonomies are a language that is proposed todescribe the progressive development of an individual in each domain and are defined asfollows2

Conference Session

New Trends in ECE Education

Collection

2009 Annual Conference & Exposition

Authors

Arun Ravindran, University of North Carolina, Charlotte; Patricia Tolley, University of North Carolina, Charlotte; Arindam Mukherjee, University of North Carolina, Charlotte

Tagged Divisions

Electrical and Computer

availability of the course instructor in helping the students withthe project is critical. The post-project test and informal interaction with the students at the endof the semester revealed that the project had played a vital role in integrating course concepts. Our overall conclusion is that with a carefully planned syllabus, course projects, and theavailability of student support resources, introducing reconfigurable computing to undergraduatecomputer engineering students can be a useful vehicle for teaching topics on parallel hardwareand parallel algorithms. We plan to make available online all the course materials developed forthe new course.Bibliography1. Douglass, S., “Introducing the Virtex-5 FPGA family”, Xcell Journal, pp. 8 -11

Conference Session

Frontiers in Engineering Economy

Collection

2009 Annual Conference & Exposition

Authors

Philip Brach, University of the District of Columbia; Ahmet Zeytinci, University of the District of Columbia; Pradeep Behera, University of the District of Columbia

Tagged Divisions

Engineering Economy

loan (amortized). Fe e Value (A) P rincipal (Not to s cale) Time Uniform Payment of Principal with Fixed Fee Inte re st on Unpa id Ba la nce Value (B) P rincipa l (Not to s cale

Conference Session

Applying What We Teach to IE Education

Collection

2009 Annual Conference & Exposition

Authors

Lawrence Whitman, Wichita State University; Janet Twomey, Wichita State University; Barbara Chaparro, Wichita State University; Veronica Hinkle, Wichita State University

Tagged Divisions

Industrial Engineering

Manufacturing Engineering Department at Wichita State University. She teaches graduate and undergraduate courses in modeling and simulation, neural networks, sustainability, and probability and statistics. Dr. Twomey’s current research is in sustainable systems.Barbara Chaparro, Wichita State University Barbara S. Chaparro has a Ph.D. in Experimental Psychology from Texas Tech University and a B.S. in Psychology from University of Richmond, VA. She is an Assistant Professor in the Department of Psychology and director of the Software Usability Research Lab at Wichita State University. Her research interests include human-computer interaction, usability evaluation methods, and onscreen

Conference Session

Assessing the Efficacy of Nontraditional Programs

Collection

2009 Annual Conference & Exposition

Authors

Mysore Narayanan, Miami University

Tagged Divisions

Continuing Professional Development

TOTAL NUMBER OF STUDENTS = XX 1 2 3 4 . . . . . . . . . .THE CRITICAL THINKING RUBRICRUBRIC COURTESY OF W. S. U.WASHINGTON STATE UNIVERSITYPULLMAN, WA. 99164.LIKERT SCALE WEIGHT DISTRIBUTION :(1 : Strongly Disagree; 5 : Strongly Agree)Kinesthetic 4 4 5 5 4 5 5 4 5 5 5 5 4 4Reading 3 3 3 1 3 2 1 1 5 1 4 2 3 4Aural 3 4 5 5 3 4 4 5 4 2 4 2 3 2Visual

Conference Session

Novel Measurement Experiments

Collection

2009 Annual Conference & Exposition

Authors

Mysore Narayanan, Miami University

Tagged Divisions

Instrumentation

W.S.U. Rubric 4 Analyze Data 3 Collected Page 14.255.7APPENDIX B: (Rubrics courtesy of W S U, Pullman, WA) Rubrics based on Likert Scale5 Has demonstrated excellence. Has analyzed important data precisely. Has provided documentation. Has answered key questions correctly. Evidence of critical thinking ability. Has addressed problems effectively. Very good performance

Conference Session

New Learning Paradigms II

Collection

2009 Annual Conference & Exposition

Authors

Cynthia Finelli, University of Michigan; Marie Kendall-Brown, University of Michigan

Tagged Divisions

Educational Research and Methods

exchange about the challenges of working on diverse studentteams and about how to resolve these challenges, faculty can go a long way to helping Page 14.1312.7engineering students develop the skills, knowledge, and awareness they will need upongraduation.References1. Gurin, P., Dey, E. L., Hurtado, S., & Gurin, G. (2002). Diversity and higher education: Theory and impact on educational outcomes. Harvard Educational Review, 72(3), 330-366.2. Hong, L., & Page, S. E. (2004). Groups of diverse problem solvers can outperform groups of high-ability problem solvers. PNAS, 101(46), 16385-16389.3. Kaplan, M., Cook, C. E., Steiger, J

Conference Session

Frontiers in Engineering Economy

Collection

2009 Annual Conference & Exposition

Authors

Neal Lewis, University of Bridgeport; Ted Eschenbach, TGE Consulting; Joseph Hartman, University of Florida

Tagged Divisions

Engineering Economy

consistent in continuousdiscounting of future costs while using discrete discounting of future positive cash flows. Theengineering economy literature is not consistent.The use of discrete or continuous interest rates can have a significant effect on the value of theoption, and the choice of compounding method can change the decision outcome. This is not ameaningless topic. We recommend ensuring that consistent assumptions about compoundingand effective interest rate values be made.References1. Amram, M. and Kulatilaka, N. (1999) Real Options, Harvard Business School Press, Boston.2. Black, F. and Scholes, M. (1973) “The Pricing of Options and Corporate Liabilities,” Journal of PoliticalEconomy, 81(3), 637-654.3. Block, S. (2007) “Are ‘Real Options