Paper ID #14810Engineering Economics International Experience for Community College Stu-dentsProf. Paulina Z. Sidwell, McLennan Community College Paulina Sidwell is an Assistant Professor at McLennan Community College, teaching a wide variety of engineering and math courses since 2012. Originally from Monterrey, Mexico, she attended New Mex- ico State University, where she played Division I tennis while getting her B.S. in Industrial Engineering. At graduation she was honored with the Outstanding International Student Award and the Joe and Van Bullock Medal of Honor to Outstanding Female Student-Athlete. She also received
where she worked for over 27 years. She worked as project manager, engineering manager, utility manager, maintenance manager, and finally as the Resident Engineer managing all technical areas of the facility. During her tenure, the brewery saw dramatic increases in productivity improvement, increased use of automation systems, and significant cost reductions in all areas including utilities where they received the internal award for having the best utility usage reduction for 2014. Since joining Ohio State, Aimee has joined the American Society of Engineering Educators and serves as the treasurer of the Engineering Economics division.Miss Lora Mavrouli, Ohio State University c American
installation costs of removingexisting streetlight heads after deciding on two of each type from the data gathered in the firststep (labor and equipment), 3) estimating the life-cycle costs from the data collected in step 1, ofthe newly installed street light heads, and 4) determining the payback period and financingalternatives for the project.The first step was accomplished by gathering data from four models of sodium vapor street lightheads and four LED street light heads. The data included purchase price, electrical feedrequirements, lumens emitted, and electricity consumed in operation.The second step was accomplished by introducing the cost of an employee to the employer, inthis case the fictional municipality. The costs introduced were salary
Paper ID #19548Using Programming and Simulation as a Research Tool in a Graduate Capi-tal Budgeting CourseDr. James D Burns, Purdue Univeristy Jim Burns, Ph.D. Assistant Professor, Department of Technology Leadership & Innovation Jim joined the faculty at Purdue Polytechnic in 2015 after completing a Ph.D. in Industrial Engineering from Western Michigan University, and has more than 10 years industry experience in the manufacturing sector in a variety of roles including process engineering, operations management, and technical sales. His area of expertise centers on applying OR/MS and Simulation techniques to Supply
completed the projects andgraduated. Often, the students’ cost estimates come back up in the process of the companiesselecting the projects for inclusion in their work load.A topic of discussion with some of our industry partners has been in regards to the economicanalysis students have provided on their projects. Many of the projects showed that our studentsare technically competent to perform the design analysis required for the projects but thestudents’ costs and estimates of the work required have not always been complete. Because theeconomic data from the senior projects was not controlled, two of the junior design courses wereselected to evaluate how the students performed on the economic analysis, both from deciding ondesign criteria as well
Paper ID #16737Systematic Team Formation Leading to Peer Support and Leadership SkillsDevelopmentDr. Corey Kiassat P.E., Quinnipiac University Dr. Corey Kiassat is an Assistant Professor and the Director of Industrial Engineering at Quinnipiac Uni- versity and has a BASc and a PhD degree in Industrial Engineering from the University of Toronto. He has an MBA, majoring in Marketing and International Business, from York University. Corey is a Pro- fessional Engineer and has 11 years of industry experience in manufacturing engineering and operations management with General Motors in USA and Canada. He has also been involved
academic achievement and student retention, other factors such as self-concept in music and family socioeconomic status play a prominent role. 3. At the present time, success on a musical instrument cannot be predicted on the basis of student physical characteristics, possibly due to difficulty in identifying the characteristics to be measured and the lack of a appropriate measuring instrument. 4. Retention of students can be predicted with much more accuracy than student dropout. 5. The validity of predicting performance achievement after less than one school year of instruction may be questionable.[31] Todd Hoover,[23] in his paper entitled, “Performance Prediction
sections of engineering economics were structured.Methodology- Course and Section StructureEvery effort was made to keep the two sections consistent in as many areas as possible with theobvious exception of the delivery mode. The face to face section held class sessions on Tuesdayand Thursday from 2:00PM-3:15PM and had 37 students. The online section had 27 studentsand held Centra (online chat/ white board system) Q&A sessions at 6:00PM on Tuesday andWednesday with half the class targeted to each time period to assure manageable numbers.Blackboard was the course management system for both sections and all assignments weresubmitted online through the assignment feature. Other consistent factors include the sameinstructor, identical PowerPoint
annual reportsAnnual 10K reports are the source of historic information. Since cashflow from assets is not avalue reported, students will calculate this value by adding earnings to the interest (Equation 2above). These values are always available in the report for the consolidated company, but inorder to perform a detailed forecast it is best for each division’s cashflow to be collected. Allcompanies report some kind of division in their earnings or revenues. Figure 3 has the detailsthat are available for Nike from their 10K. Nike does not report earnings by division, but doesreport revenues. This distribution of revenue is used as a proxy for the distribution of earnings.Of course this assumes that expenses are proportionate across divisions
Paper ID #34185Curriculum Element: Using the Wall Street Journal to Provide Nationaland Global Perspectives in an Engineering Economy CourseDr. James Burns, Western Michigan University Jim Burns, Ph.D. Assistant Professor Industrial and Entrepreneurial Engineering and Engineering Man- agement Department Bio: Jim Burns holds a Ph.D. in Industrial Engineering from Western Michigan University, and has more than 10 years industry experience in the manufacturing sector in a variety of roles including process engineering, operations management, and technical sales. His area of expertise centers on applying OR/MS and Simulation
Paper ID #5751Present Value Analysis of Traditional LoansDr. Robert C. Creese, West Virginia University Dr. Robert C. Creese is Professor of Industrial Engineering and Graduate Program Director in the Indus- trial and Management Systems Engineering Department in the Benjamin M. Statler College of Engineer- ing and Mineral Resources at West Virginia University. He obtained his B.S., M.S., and Ph.D. degrees from the Pennsylvania State University(1963), the University of California-Berkeley(1964) and the Penn- sylvania State University(1972). He is a life member of ASEE, AACE-International and AFS as well as a member of
8/7 2/2 Research/teaching (n=37,28/9) 4.43/4.44 1.67/1.13 8/6 2/3 US/International (n=37,30/7) 4.40/4.57 1.50/1.81 8/8 2/3 Summary: This table demonstrates the total number of PEOs that programs are using as part of their respective approaches. For the purpose of this dataset subcategories of comparison are created for public vs. private, large vs. small, research vs teaching focused, and US vs. international institutions. Given in each row header is the (n=total # of observations, #observations in first group/# observations in second group), and in the body of the row the statistics for each comparison group. Small sample sizes did
, our college undertook a review[3] of the curriculumrelated to engineering economics to more fully understand the topics typically encompassed inthe subject area of engineering economics[3]. The review consisted of an internal review of theengineering programs offered at our institution, a review of engineering textbooks commerciallyavailable, an environmental scan of the fifteen most research-intensive universities in Canada(termed the U15 universities), and survey of industry representatives. The result of this studywas a list of recommended topics that should be included in an engineering economics course,including some areas where new resources would need to be developed. Some examples ofmaterials that the improvement study recommended
and mass and energy balances (see Fig. 1 for ProcessDiagram). The financial model was completed for the students to first run baseline designconditions and analyze the Capital and Operational Expenditures, CAPEX and OPEX (see Fig. 2for CAPEX) to help determine which unit operations should be chosen for sensitivity analysis ofkey engineering design parameters. One key parameter was the weight fraction of water in thefeed. Students then did a sensitivity analysis for weight fraction of water in the feed generatingthe graphs in Fig. 3. A desired Internal Rate of Return of 20% was given and from the sensitivityanalysis students determined that the water content must be less than 67% in the pulp feed stream
, pp. 154-174.13 Wang, C. and K. J. Min, 2013, “Electric Power Plant Valuation Based on Day-Ahead Spark Spreads,” TheEngineering Economist, Vol. 58, pp. 157-178.14 Min, K.J., J. Jackman, and J. Chan, 2014, “Visual Models for Abstract Concepts towards Better LearningOutcomes and Self-Efficacy,” Educational Research and Methods Division, ASEE Proceedings, Indianapolis,Indiana. Appendix Part A: Self Efficacy Part B: Quiz (Mandatory)Please circle your answers for the following 3 problems.#1. For an investment decision problem on a project, in a traditional net present value approach,the sum of present
to Anheuser-Busch where she worked for over 27 years. She worked as project manager, engineering manager, utility manager, maintenance manager, and finally as the Resident Engineer managing all technical areas of the facility. During her tenure, the brewery saw dramatic increases in productivity improvement, increased use of automation systems, and significant cost reductions in all areas including utilities where they received the internal award for having the best utility usage reduction for 2014. Since joining Ohio State, Aimee has joined the American Society of Engineering Educators and serves as the Division Chair of the Engineering Economics division.Mehdi Mashayekhi, Ohio State UniversityHannah Meckstroth, Ohio
a member of ASM International, TMS, ACerS, AIST, ASEE, and a registered Chartered Professional Engineer. Dr. Manohar’s research interests include mathematical and computer modeling of materials behavior, thermo-mechanical processing of steels and other metallic materials, microstructural characterization, and structure – property relationships. He has conducted a number of technical failure investigations, consulted on various materials-related problems, and acted as an expert witness in the Court of Law. Dr. Manohar is the past chair of the Manufacturing Division of ASEE and ASM Pittsburgh Chapter.Capt. Fahad Saad Almutairi , King Fahd Security College Capt. Eng. Fahad Almutairi lecturer, King Fahd Security
Paper ID #17848Using concept inventories to gauge preparedness and assess learning objec-tives in engineering economy classesDr. Isaac W Wait, Marshall University Isaac W. Wait is an Associate Professor of Engineering in the Division of Engineering at Marshall Uni- versity in Huntington, West Virginia. He conducts research and teaches courses in water resources and environmental engineering, and is a registered Professional Engineer in the States of Ohio and West Vir- ginia.Dr. Sameh M. El-Sayegh, American University of Sharjah Dr. Sameh M. El-Sayegh is an Associate Professor in the department of Civil Engineering at the
strategies, as well as developing a measurement instrument.References[1] R. A. Kalish, "An experimental evaluation of the open book examination," Journal of Educational Psychology, vol. 49, no. 4, pp. 200-204, 1958.[2] D. Boniface, "Candidates’ use of notes and textbooks during an open‐book examination," Educational Research, vol. 27, no. 3, pp. 201-209, November 1985.[3] D. Stangl, D. Banks, L. House, and J. Reiter, "Progressive mastery testing: Does it increase learning and retention? Yes and no," presented at the Seventh International Conference on Teaching Statistics (ICOTS-7). International Statistical Institute, Brazil, 2006.[4] R. L. Skidmore and L. Aagaard, "The Relationship between Testing Condition and
Haven. He has over 25 years of industrial experience at Procter & Gamble and Bayer. He is teaching at Fairfield University and Oregon State University. Previously, he taught at UMR, Marshall University, the University of Bridgeport, and the University of New Haven. He has over 100 publications and presentations, including 3 books, 3 best paper awards at conferences, the 2009 Grant award (TEE), and the 2005 Eschenbach award (EMJ). Neal is a Fellow of ASEM. c American Society for Engineering Education, 2019 The Tax Cuts and Jobs Act and Teaching Engineering EconomyAbstractThe Tax Cuts and Jobs Act (TCJA) has recently changed federal depreciation and taxes. Thus,now is a good time to re
inventory” has come to mean a specific type of test. TheAmerican Society for Microbiology, for example, defines a concept inventory as a tool“designed to help faculty evaluate students’ understanding of a specific set of concepts andidentify misconceptions [15].” And in Physics, CIs have been defined as “research-basedassessment instruments that probe students’ understanding of particular physics concepts” [3].The EECI had not yet been put to any extensive tests for reliability and validity.This led the author of the EECI to investigate the use of concept inventories in other areas aswell as to find and apply methods that are used to validate such tools. The author is certainly notthe first to do so. In fact, the Division of Undergraduate Education
innovation, suggested to be as in The Functions of the Executive.1 Become acquainted with this human-action based approach promulgated by Holger Thuesen beginning in the 1950’s and subsequently by Paul Torgersen since about 1962. 3) Systems Thinking, suggested to be as in Systems Engineering and Analysis.2,6 Consult this 5th Edition Pearson book and access the no cost supporting materials offered on www.a2i2.com. 4) Finally, note that the general theme and objectives of this paper are being promulgated by the international honor society for systems engineering, showcased on www.omegalpha.org.II. Extending Capital Investment Decision MakingWithout a doubt, capital investment analysis (capital
study from the ethical/financial perspective. Students are given approximately 1 Writing Part 2 week to complete the study, and another week is necessary for 0 Analysis evaluation. Subsequent debrief session occurs after evaluation. Artifact is a 2-page paper. Classroom discussion after writing assignments have been evaluated. Purpose is to highlight instances where students clearly have linked ethical or unethical behavior in a case to the Engineering Code of 3 Debrief
30-35 minutes. The remainder of the time was dedicated to introducing the NVA method. An examination was applied to the students during the following class session. In general, the students were given the option to select Fig 3. Pie chart showing the distribution of selected method between the method to solve the Visual (NVA) and Traditional (TM) methods. Students were given the problem. However, in one option to select the method to solve the problems. A total of 39 students were tested. question they were explicitly asked to use the TM and in another the NVA. Graphing isometric paper was provided to the students. A
Engineering faculty to 2 Create a partnership with Penn State IE. carry out this case study experience? 2 Present Real World Issues to Students. 5 Creativity 1 Great results What did you like most about the 1 Visibility to students case study experience? 1 Creating a challenging project for students 3 Great presentations Add a Virtual Q&A Session/ add another Q&A 2
conference, a Director of the IISE Logistic and Supply Chain division, and a Director of the IISE Engineering Economy division.Dr. Faisal Aqlan, Penn State Behrend Dr. Faisal Aqlan is an assistant professor of industrial engineering at Penn State Behrend. He earned the B.S. and M.S. in industrial engineering from Jordan University of Science and Technology in 2007 and 2010, respectively and the Ph.D. in Industrial and Systems Engineering from the State University of New York at Binghamton in 2013. Prior to joining the faculty at Behrend, Dr. Aqlan was a faculty member in industrial and system engineering at the University of New Haven where he taught undergraduate and graduate courses. Dr. Aqlan has also worked on
Paper ID #22865Incorporating Active Learning Strategies into an Engineering Economics CourseDr. Ona Egbue, University of South Carolina, Upstate Ona Egbue is an assistant professor in the Division of Natural Sciences and Engineering at the University of South Carolina Upstate. She holds a Ph.D. in Engineering Management from Missouri University of Science and Technology, a Master’s degree in Earth and Environmental Resource Management from the University of South Carolina and a Bachelor of Engineering degree in Electrical/Electronics Engineer- ing from Nnamdi Azikiwe University, Nigeria. Her research interests include
Knowledge Creation,” Greenwood Publishing Group, Quorum Books, Westport, CT, p.52, 2002.[3] J. Darrell Gibson, M. Patricia Brackin, “Techniques for the Implementation and Administration of Industrial Projects for Engineering Design Courses,” Proceedings of the 1999 American Society for Engineering Education Annual Conference & Exposition.[4] James Noble, “An Approach for Engineering Curriculum Integration in Capstone Design Courses,” International Journal of Engineering Education, 14(3), 197-203, 1998.[5] Ana Vila-Parrish, Dianne Raubenheimer, “Integrating Project Management & Lean-Six Sigma Methodologies in an Industrial Engineering Capstone Course,” Proceedings of the
., Besterfield-Sacre, M., & McGourty, J. (2005). The ABET “Professional Skills” — Can They Be Taught? Can They Be Assessed? Journal of Engineering Education, 94(1), 41-55. doi: 10.1002/j.2168-9830.2005.tb00828.xStahl, M. J., & Dean, P. J. (1999). The Physician's Essential MBA: What Every Physician Leader Needs to Know: Aspen Publishers.Trevelyan, J. (2010). Reconstructing engineering from practice. Engineering Studies, 2(3), 175- 195. doi: 10.1080/19378629.2010.520135Williams, B., Figueiredo, J. D., & Trevelyan, J. P. (2014). Engineering practice in a global context: Understanding the technical and the social. Longon: Taylor & Francis.AppendixDuring the course
of the ergonomic design learning module focuses on anthropometry for hand toolsdesign and discusses the importance of measurements of different hand dimensions for userssuch as hand length, finger length, hand breadth, grip/pinch force, etc. In this session, studentspractice anthropometric measurements technique using relevant measuring tools which includethe bone caliper, segmometer, anthropometric goniometer, pinch gauge, hand dynamometer, etc.Figure 3 shows the relevant anthropometric measuring tools relevant to hand tool design. (a) Bone caliper (b) Segmometer (c) Goniometer (d) Pinch gauge (e) Hand dynamometer (f) Sample hand dimensions Figure 3