Conference Session

Pedagogical Advancements in Engineering Management

Collection

2012 ASEE Annual Conference & Exposition

Authors

S. Jimmy Gandhi, Stevens Institute of Technology; Brian Sauser, Stevens Institute of Technology; Brian E. White, Complexity Are Us - Systems Engineering Strategies; Alex Gorod, Visiting Fellow, University of Adelaide; Vernon Ireland, University of Adelaide

Tagged Divisions

Engineering Economy, Engineering Management, Industrial Engineering, Systems Engineering

management from Stevens Institute of Technology. Prior to his graduate studies, he held a research analyst position at Salomon Smith Barney. He is a former Robert Crooks Stanley Doctoral Fellow in engineering management at Stevens Institute of Technology, with research interests in the area of management of complex systems. He isthe founder of SystemicNet, LLC, in New York and a Visiting Fellow at the University of Adelaide inAustralia.Prof. Vernon Ireland, University of Adelaide Director of Project Management Page 25.191.1 c American Society for Engineering Education, 2012 Application of Case Studies to Engineering

Conference Session

Engineering Economics Teaching Tools

Collection

2015 ASEE Annual Conference & Exposition

Authors

Kailash M. Bafna, Western Michigan University

Tagged Topics

Diversity

Tagged Divisions

Engineering Economy

Page 26.1664.2classroom through lectures, there is not enough classroom time available to help the studentswith the application of the material. This need has resulted in some educators “inverting” theclassroom. Lage et al.2 state that “Inverting the classroom means that events that havetraditionally taken place inside the classroom now take place outside the classroom and viceversa. The use of learning technologies, particularly multimedia, provides new opportunities forstudents to learn, opportunities that are not possible with other media. . . . The instructors focuson the desired outcome (for instance, having the student prepared for discussion) and allow thestudent to choose the best method to reach that outcome.” Although the flipped

Conference Session

Technology and Equipment to Improve IE Instruction

Collection

2012 ASEE Annual Conference & Exposition

Authors

Douglas H. Timmer, University of Texas, Pan American; Miguel Gonzalez, University of Texas, Pan American; Connie M. Borror, Arizona State University, West; Douglas C. Montgomery, Arizona State University

Tagged Divisions

Engineering Economy, Engineering Management, Industrial Engineering, Systems Engineering

Statistical Society, and the Deming Lecture award from the American Statistical Association. Page 25.1244.1 c American Society for Engineering Education, 2012 Teaching Control Charts for Attributes using the Mouse FactoryAbstractThe Mouse Factory contains a set of web-based, active learning modules for teaching statisticalquality control. This paper will present teaching control charts for attributes using the MouseFactory. The current pedagogy in today’s classrooms is based upon lectures and homeworkproblems from textbooks. This approach typically focuses on the knowledge and applicationdomains of

Conference Session

Engineering Economy Education

Collection

2011 ASEE Annual Conference & Exposition

Authors

Bruce V. Mutter, Bluefield State College

Tagged Divisions

Engineering Economy

AC 2011-1041: USING PEN-BASED TABLET PC TECHNOLOGY TO IM-PROVE INSTRUCTION IN ENGINEERING ECONOMICSBruce V. Mutter, Bluefield State College Bruce V. Mutter is the founder and CEO of the Center for Applied Research & Technology, Inc. (CART) and teaches project management and engineering economics at Bluefield State College as an Associate Professor in the School of Engineering Technology. Page 22.1628.1 c American Society for Engineering Education, 2011 Using Pen-Based Tablet PC Technology to Improve Instruction in Engineering EconomicsAbstractA Center

Conference Session

Effective Tools for Teaching Engineering Economy

Collection

2007 Annual Conference & Exposition

Authors

Kailash Bafna, Western Michigan University; Betsy Aller, Western Michigan University

Tagged Divisions

Engineering Economy

Engineering at Western Michigan University. She teaches the capstone senior design sequence and the College-wide engineering design courses. She is a member of ASEE, ASEM, and SME, for which she is the student chapter advisor. Page 12.676.1© American Society for Engineering Education, 2007 Enhancing the Learning of Engineering Economy with Innovative Technology and TeachingAbstractAs one migrates from the traditional classroom instruction using black or white boards to the useof computers, many other forms of technology have become available—both as hardware andsoftware—that can

Conference Session

Innovative IE Curricula

Collection

2013 ASEE Annual Conference & Exposition

Authors

Susan L. Murray, Missouri University of Science & Technology; Terri M. Lynch-Caris, Kettering University

Tagged Divisions

Engineering Economy, Engineering Management, Industrial Engineering

modeling. This type of periodicreview can be a useful tool in an engineering department’s effort to continuously improve.ReferencesAnderson, L. & Krathwohl, D. A. (2001) Taxonomy for Learning, Teaching and Assessing: ARevision of Bloom's Taxonomy of Educational Objectives New York: Longman.NAE, National Academy of Engineering, “The Engineer of 2020: Visions of Engineering in theNew Century,” National Academies Press, ISBN-10: 0-309-09162-4, 2004.NCEES website, http://www.ncees.org/About_NCEES.php, accessed 11/20/12. Page 23.451.7

Conference Session

Engineering Economy Division Technical Session 1

Collection

2018 ASEE Annual Conference & Exposition

Authors

Erick Jones, University of Texas, Arlington; Billy Gray, Tarleton State University

Tagged Divisions

Engineering Economy

Assistant Professor in the Department of Engineering Technology at Tarleton State University. He holds a PhD in Industrial Engineering from the University of Texas at Arlington, a Master’s degree from Texas Tech University in Systems and Engineering Management and a Bachelor’s degree from Tarleton in Manufacturing Engineering Technology. He has 10 years of work experience in manufacturing, operations, and engineering management. c American Society for Engineering Education, 2018 Using the Education of Engineering Economy to Impact the Reduction of Engineering Student Loan DebtIntroductionThe U.S. student debt crisis has become an epidemic over the last two decades [1

Conference Session

Engineering Economics New Frontiers

Collection

2015 ASEE Annual Conference & Exposition

Authors

Oscar M. Bonilla, Baruch College of the City University of New York; Donald N. Merino P.E., Stevens Institute of Technology (SES)

Tagged Divisions

Engineering Economy

development and commercialization of renewable energy technologies (RETs)which allow us to reduce the demand for natural resources drastically. However, RETs faceseveral barriers to commercialization which have to be addressed for them to be commerciallyfeasible.Design for Commercialization (DFC), is a proposed systems approach focused at the projectlevel which could have a significant impact in facilitating the commercialization challenges ofRETs. Moreover, the actual pace of RET deployment shows the need for this approach and itsimportance to the education community as part of any formal engineering program orengineering education in general. Page

Conference Session

Engineering Economy Division Technical Session

Collection

2021 ASEE Virtual Annual Conference Content Access

Authors

Kellie Grasman, Missouri University of Science and Technology

Tagged Divisions

Engineering Economy

Paper ID #32322Curriculum Element: Economic Analysis Group Project Using VoiceThreadKellie Grasman, Missouri University of Science and Technology Kellie Grasman serves as an instructor in Engineering Management and Systems Engineering at Missouri University of Science and Technology. She holds graduate degrees in engineering and business admin- istration from the University of Michigan, and began teaching in 2001 after spending several years in industry positions. She was named the 2011-2012 Robert B. Koplar Professor of Engineering Manage- ment for her achievements in online learning. She serves as an eMentor for the

Conference Session

Assessment and Accreditation in Engineering Management

Collection

2012 ASEE Annual Conference & Exposition

Authors

David S. Cochran, Southern Methodist University and Meijo University; Makoto Kawada, Meijo University

Tagged Divisions

Engineering Economy, Engineering Management, Industrial Engineering, Systems Engineering

Department of Mechanical Engineering at the Massachusetts Institute of Technology. He is a two-time recipient of the Shingo Prize for Manufac- turing Excellence. He works with leaders from industrial and service sector enterprises for sustainable system design and implementation through consulting, custom educational workshops, and system design evaluations.Prof. Makoto Kawada, Meijo University Makoto Kawada, Ph.D., is President, Meijo Process Management Institute, Co., LTD; Professor Emeritus, School of Business, Meijo University; and Special Researcher, Graduate School of Economics, University of Tokyo. Page

Conference Session

Innovations in Teaching Engineering Economy

Collection

2014 ASEE Annual Conference & Exposition

Authors

Paul J. Kauffmann P.E., East Carolina University; Joseph Wilck IV, East Carolina University

Tagged Divisions

Engineering Economy

Carolina University. Page 24.1039.1 c American Society for Engineering Education, 2014 Relationship of Final Grade and Use of Online Course Materials for an Engineering Economics CourseAbstractRanging from fully online to various hybrid formats, online learning is a significant and growingpart of higher education. As online courses grow in availability, there is an increased spectrumof materials and methods used to support the student learning process. However the literaturehas been slow to develop in examining the effectiveness of various online tools. In particular,undergraduate

Conference Session

Engineering Management Applications

Collection

2012 ASEE Annual Conference & Exposition

Authors

S. Jimmy Gandhi, Stevens Institute of Technology; Alex Gorod, Visiting Fellow, University of Adelaide

Tagged Divisions

Engineering Economy, Engineering Management, Industrial Engineering

AC 2012-4001: THE IMPORTANCE OF UNDERSTANDING SYSTEMICRISK IN ENGINEERING MANAGEMENT EDUCATIONDr. S. Jimmy Gandhi, Stevens Institute of Technology S. Jimmy Gandhi is a faculty member in The School of Systems and Enterprises (SSE) at Stevens Institute of Technology, as well as at Baruch College, which is part of the City University of New York (CUNY). His research interests are in the field of risk management, engineering education and globalization. He got a Ph.D. in engineering management from Stevens Institute of Technology, a master’s in engineering management from California State University, Northridge, and a bachelor’s degree in engineering from the Illinois Institute of Technology. He is currently co

Conference Session

Improving course effectiveness

Collection

2013 ASEE Annual Conference & Exposition

Authors

Richard L Marcellus, Northern Illinois University

Tagged Divisions

Engineering Economy, Engineering Management, Industrial Engineering

. Page 23.93.1 c American Society for Engineering Education, 2013 A Proposal for Using Problem Posing to Connect Learning of Basic Theory with Engineering DesignAbstractThere is a need for educational methods that enable transfer of academic content to engineeringpractice. Such methods appear frequently in freshman and senior design courses (cornerstone andcapstone courses), but not so often in basic theory courses, such as calculus, probability, andstatistics. This paper presents a proposal for methods to achieve this connection, and the author'sexperience with using the proposed methods in applied probability courses. The essence of theproposal is that learners should be doing

Conference Session

Assessment and Accreditation in Engineering Management

Collection

2012 ASEE Annual Conference & Exposition

Authors

Pawel Pawlewski, Poznan University of Technology; Zbigniew J. Pasek, University of Windsor

Tagged Divisions

Engineering Economy, Engineering Management, Industrial Engineering, Systems Engineering

. Ministry of Education Framework Polish Ministry of Science and Higher Education created the basic framework for the“Logistics” track 8,9. The framework defines qualifications of the graduates and contents ofneeded courses. Table 1 presents a list of major courses for Level 1. First level graduate(engineer) should know principles of modern logistics systems, fundamentals of economics,and management. He/she should have the ability to solve logistical issues using engineeringmethods and technologies, to design logistics systems and processes, to use computersoftware for logistics management. The graduate should be prepared to work in anenvironment of a production factory, logistics company, consulting company oradministration

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

Engineering Higher Education  Jerome P. Lavelle, Ph.D. College of Engineering, NC State University  Abstract: This paper describes a new proposed model and way of thinking about the process of assessing and evaluating engineering higher education programs for accreditation, and the way that data is used and shared. Proposed is a new construct for formatting and using data collected on the program self study report. In addition, it is suggested that now, 20 years after EC2000 was first designed, it is time to re-design, re-configure and re-engineer our current accreditation processes in light of new technologies and all that we’ve learned in these

Conference Session

Improving course effectiveness

Collection

2013 ASEE Annual Conference & Exposition

Authors

Terri M. Lynch-Caris, Kettering University; Mark A. Palmer P.E., Kettering University

Tagged Divisions

Engineering Economy, Engineering Management, Industrial Engineering

. Mark A. Palmer P.E., Kettering University Page 23.541.1 c American Society for Engineering Education, 2013 Enjoyable Instructional Technology Can Enhance LearningAbstractThe Center for Excellence in Teaching and Learning surveyed a predominantly engineeringcampus on the many instructional technologies that exist for instruction. The purpose of thesurvey was to understand the types of instructional technologies that currently exist and identifythe technological gaps for future purchases. Three categories of instructional technology wereused to group the many technological tools that were

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

Transport Services, Logility, Motorola, and Russell. c American Society for Engineering Education, 2016 Using a Real-Options Analysis Tutorial in Teaching Undergraduate Students John A. White Department of Industrial Engineering University of Arkansas Fayetteville, AR 72701 AbstractAn undergraduate tutorial on real-options analysis used in teaching an advanced engineeringeconomy course is presented. The tutorial includes the binomial option pricing model and theBlack-Scholes model. Reasons for using real-options analysis are

Conference Session

The Evolution of Engineering Economy

Collection

2007 Annual Conference & Exposition

Authors

Gerald Thuesen, Georgia Institute of Technology

Tagged Divisions

Engineering Economy

Cooperative Education Division. Themembership in the Industrial Engineering Committee was 39 including Ralph Barnes,C. E. Bullinger, E. L. Grant, P. T. Norton, J. W. Roe, H. G. Thuesen and W. M. Towle.The Economics Committee had 12 members12. Page 12.807.4Between 1927 and 1952 S.P.E.E. conducted a series of Summer Schools to permit agreater exchange of ideas. The first year that Economics was the subject of discussionwas 1932 at Stevens Institute of Technology. Stevens was selected to host this eventsince it was the first college to include the subject in its engineering curriculum. Totalenrollment for the session was 37, representing 19 different colleges13

Conference Session

Innovations in the IE Curriculum

Collection

2012 ASEE Annual Conference & Exposition

Authors

Denise H. Bauer, University of Idaho, Moscow; Jessica L. Heier Stamm, Kansas State University; Lesley Strawderman, Mississippi State University

Tagged Divisions

Engineering Economy, Engineering Management, Industrial Engineering, Systems Engineering

AC 2012-4451: A REVIEW OF CAPSTONE COURSE DESIGNS USED ININDUSTRIAL ENGINEERING PROGRAMSDr. Denise H. Bauer, University of Idaho, Moscow Denise H. Bauer received her Ph.D. in industrial engineering from Pennsylvania State University in 2007. She received a M.S. in industrial engineering as well as a B.S. in engineering dcience from the University of Tennessee. Bauer’s research in engineering education centers around the use of technology mainly as a means of communication for remote engineering group work. She received a NAE CASEE postdoctoral fellowship to study what communication methods students used to communicate with group members during online classes and their feelings on their importance. She is also

Conference Session

Improving course effectiveness

Collection

2013 ASEE Annual Conference & Exposition

Authors

Susan L. Murray, Missouri University of Science & Technology; Julie Phelps, Missouri S&T, Educational Technology

Tagged Divisions

Engineering Economy, Engineering Management, Industrial Engineering

management, and engineering education. Prior to her academic position, she spent seven years working in industry including two years at NASA’s Kennedy Space Center.Mrs. Julie Phelps, Missouri S&T, Educational Technology Julie Phelps has a B.S. in Education from The University of Missouri, Columbia and a M.A. in Informa- tion & Learning Technology from The University of Colorado - Denver. She has 17 years of teaching experience and has facilitated professional development for K-12 teachers for 10 years. Since 2010, she has been applying her experiences with teaching, technology, and professional development into higher education as an instructional designer. At Missouri S&T, she assists faculty in course

Conference Session

Pedagogical Advancements in Engineering Management

Collection

2012 ASEE Annual Conference & Exposition

Authors

Kathryn D. Abel, Stevens Institute of Technology; Anirban Ganguly, Stevens Institute of Technology

Tagged Divisions

Engineering Economy, Engineering Management, Industrial Engineering, Systems Engineering

. Beginning with a briefdiscussion on EM and failure analysis, the paper goes on to suggest a possible framework forrestructuring a sophomore level introductory undergraduate course on EM. Major man-madefailures and disasters would be used as guiding examples for analyzing the various EM activitiesdiscussed in the course. The project undertaken at Stevens Institute of Technology to restructurethe course titled ‘Management of Engineering & Technology’ is used as an illustrative exampleto explain the proposed model. The authors hope that the proposed framework in this researcharticle would serve an important catalyst to the educators who are currently (or in the future)involved in an endeavor to restructure, or create, a course to introduce EM

Conference Session

Innovations in the IE Curriculum

Collection

2012 ASEE Annual Conference & Exposition

Authors

Jane M. Fraser, Colorado State University, Pueblo; Abhijit Gosavi, Missouri University of Science & Technology

Tagged Divisions

Engineering Economy, Engineering Management, Industrial Engineering, Systems Engineering

AC 2012-3312: SYSTEMS ENGINEERING EDUCATION IN THE U.S.: TEXT-BOOKS AND PROGRAMSDr. Jane M. Fraser, Colorado State University, Pueblo Jane M. Fraser is Chair of the Department of Engineering at Colorado State University, Pueblo. She was formerly on the faculty at the Ohio State University and Purdue University. She has a B.A in mathematics from Swarthmore College and a M.S. and a Ph.D. in industrial engineering and operations research from the University of California, Berkeley.Dr. Abhijit Gosavi, Missouri University of Science & Technology Page 25.1230.1 c American Society for

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

Industrial and Systems Engineering at the University of Florida and serves as department chair.. His research interests are in economic decisions analysis and dynamic programming. He is an active member of ASEE, IIE, and INFORMS and currently serves as editor of The Engineering Economist. Page 14.1008.1© American Society for Engineering Education, 2009 Real Options and the Use of Discrete and Continuous Interest RatesAbstractTraditional engineering economics computes the net present value with a single interest rate.This is not the case in real options analysis. In options analysis, the present value of the

Conference Session

Engineering Economy -- Outside the Introductory Course

Collection

2008 Annual Conference & Exposition

Authors

Neal Lewis, University of Bridgeport; Ted Eschenbach, TGE Consulting

Tagged Divisions

Engineering Economy

financial securities. For example, a call (put)option gives the holder the right to buy (sell) a certain number of shares at a specified pricewithin a specified period. The option premium is the price paid for the option. The extensioninto real options can be illustrated by an oil firm that continues to lease potential developmenttracts even though development is not currently economic. Paying for the real option can be thebest choice, because of the possibility that improved technology, higher prices, or infrastructureextensions paid for by other prospects will make the development economic.Real options analysis uses the mathematics of financial options to provide an Expanded NetPresent Value (ENPV), which adds the value of the option to

Conference Session

Advances in Engineering Economy Pedagogy

Collection

2010 Annual Conference & Exposition

Authors

Emily Evans, University of Arkansas; Heather Nachtmann, University of Arkansas; Kim Needy, University of Arkansas

Tagged Divisions

Engineering Economy

textbooks writers and fundingagencies.IntroductionThe literature review presented in this paper serves two purposes. One purpose is to presentengineering economy education research that has been published in the last ten years and discussthe synergies between these efforts. As a number of papers have stated, there has been someconsensus about the problems with the current teaching of engineering economy. This paperlooks to shed some light on the evolution of engineering economics pedagogy including the areasthat have undergone change and those that have remained the same. We also examine how theengineering economy curriculum is being taught in progressive classrooms, those which use newmethods for teaching and new technologies as a medium for

Conference Session

Curricula Innovations in Engineering Economics

Collection

2015 ASEE Annual Conference & Exposition

Authors

Gloria Margarita Fragoso-Diaz, Tarleton State University; Billy Gray, Tarleton State University; Erick Jones, University of Texas, Arlington

Tagged Divisions

Engineering Economy

Master’s degree from Texas Tech University in Systems and Engineering Management and a Bachelor’s degree from Tarleton in Manufacturing Engineering Technology. He has 10 years of work experience in manufacturing, operations, and engineering management. He is currently pursuing his PhD in Industrial and Manufacturing Systems Engineering at the University of Texas at Arlington.Dr. Erick Jones P.E., University of Texas, Arlington Page 26.665.1 c American Society for Engineering Education, 2015 Enhancing Students’ Learning Experience Using Case StudiesIntroductionOne tool commonly

Conference Session

Engineering Economy Division Technical Session 3

Collection

2017 ASEE Annual Conference & Exposition

Authors

Tagged Topics

Diversity

Tagged Divisions

Engineering Economy

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

Conference Session

Innovative IE Course Content

Collection

2013 ASEE Annual Conference & Exposition

Authors

Justin W. Kile, Quinnipiac University

Tagged Divisions

Engineering Economy, Engineering Management, Industrial Engineering

education based research is in the areas of communication skills and lean curriculum development. He earned his Ph.D. and M.S. degrees from the Industrial and Operations Engi- neering department at the University of Michigan and a B.S. in Industrial and Manufacturing Engineering from Rochester Institute of Technology. Page 23.1319.1 c American Society for Engineering Education, 2013 Using Informal Oral Presentations in Engineering Classes: Training Students for the “You Got a Minute” MomentIntroductionIn today’s workplace, employers expect their employees to

Conference Session

Applications of Engineering Economy

Collection

2008 Annual Conference & Exposition

Authors

Donald Merino, Stevens Institute of Technology; Jakob Carnemark, SKANSKA

Tagged Divisions

Engineering Economy

extensive knowledge and proficiency with Mission Critical facilities has taught him to understand their unique requirements as well as the security, safety, Page 13.954.1© American Society for Engineering Education, 2008 Optimizing Data Center Redundancy Using Life Cycle and Cost-Effective AnalysisAbstractThe major questions addressed in this paper are: What is the optimal tradeoff between capitalcost and downtime/reliability for a data center? How much redundancy is justified?Owners of data centers need to choose an engineering design to decide how much capital tospend in order to minimize

Conference Session

Technology and Equipment to Improve IE Instruction

Collection

2012 ASEE Annual Conference & Exposition

Authors

Richard A. Pitts Jr., Morgan State University

Tagged Divisions

Engineering Economy, Engineering Management, Industrial Engineering, Systems Engineering

Robotics Laboratory in an Industrial Engineering ProgramAbstractRobotics is the study of the design, manufacture and application of robots used in a variety ofexisting systems or systems to be created. The impact and benefits of robotics in education at alllevels have been documented by many researchers and educators all across the country, as wellas, the world. Several universities have developed robotics programs which provide uniqueopportunities for students to learn about robotic systems through coursework and conduct high-level research. When these courses are combined with hands-on laboratory modules, roboticsprovides a means for student to utilize their analytical skills learned in other Science,Technology