Conference Session

Methods, Cases, and Directions

Collection

2012 ASEE Annual Conference & Exposition

Authors

Pil-Won On, University of Missouri, Columbia; Luis Occena, University of Missouri

Tagged Divisions

Engineering Economy, Engineering Management, Industrial Engineering, Systems Engineering

follow-ups tracking record through Early Warning System 9 Help session Face-to-face office hours Virtual office through web conferencing, weekly Q&A forums 10 Orientation First day face-to-face lecture “Welcome! Start here” folder on the homepage (including instructor’s greetings and introduction to the course, course walk-through video, introductory activity, syllabus quiz ) Table 1. Path

Conference Session

Engineering Economics New Frontiers

Collection

2015 ASEE Annual Conference & Exposition

Authors

Paul C. Lynch, Pennsylvania State University, University Park; Cynthia Bober, Penn State University; Joseph Wilck, East Carolina University

Tagged Divisions

Engineering Economy

case studycharter describing the U.S. retailers recycle program was distributed in class and posted on theclass website on Tuesday October 14th. Attached to the case study was a series of appendicesdescribing wooden pallets, the recycling flow of pallets, shrink wrap, and cardboard, and a layoutof a regional distribution center for this large U.S. retailer. Some data regarding pallet numbers,pallet recycle pricing, deliveries to and from retail stores, numbers of pallets on recycletruckloads, among other items were unclear from the initial charter. A 2 hour question andanswer (Q&A) session was held on the night of Tuesday October 28th. During this session, theinstructor attempted to explain the charter in as much detail as he possibly

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

) = 0.43007, and C = 55(0.59796) - 58.50(0.43007)/e2(0.0392207) = $9.633. In Problem 1, suppose the price of the stock will either increase 10% or decrease 10% during the year. What is the maximum amount you would be willing to pay for the option? (Use the binomial option pricing model described in class in arriving at your answer.) Answer: $3.65 S = $57.00, K = $58.50, u = 1.1, d = 0.9, rf = 4%, T = 2. Therefore, q = (1.04 - 0.90)/(1.1 - 0.9) = 0.7.4. A company is considering making an initial investment [CF(1)] to test the market for a new product. Depending on how well the product sells, it can expand the production capacity with a $350M investment [CF(2)] in year 5 and enter the market in year 6 with a full-scale marketing effort

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

. Harold A. Linstone, Decision Making for Technology Executives: Using Multiple Perspectives to Improve Per- formance, Boston and London: Artech House Publishers, 1999.8. The Massachusetts Institute of Technology (http://esd.mit.edu/); also, refer to SEAri (http://seari.mit.edu/)and LAI (http://seari.mit.edu/): http://search.mit.edu/search?q=case+studies&btnG=go&site=mit&client=mit&proxystylesheet=mit&output=x ml_no_dtd&as_dt=i&as_sitesearch=esd.mit.edu&ie=UTF- 8&ip=127.0.0.1&access=p&sort=date:D:L:d1&entqr=3&entsp=0&oe=UTF-8&ud=1&is_secure=.9. The Massachusetts Institute of Technology (http://sdm.mit.edu/): http://search.mit.edu/search?site=sdm&

Conference Session

Engineering Economy Course Strategy Panel Session

Collection

2021 ASEE Virtual Annual Conference Content Access

Authors

Kellie Grasman, Missouri University of Science and Technology

Tagged Divisions

Engineering Economy

– accessing resources that best suited their learning preferences andseeking assistance when needed. A key factor in the success of hybrid/blended delivery, andnow online, is abundant support resources. When students need help, they can choose from:regularly scheduled online office hours with their instructor, by appointment virtual office hours,email and/or text communication with rapid response times, a collaborative online Q&Aplatform, and/or face-to-face tutoring. Learning management system data allows the instructorto identify and connect with at-risk students early in the semester, linking students with thesupport resources they prefer.Lessons LearnedSignificant time and resources were dedicated to the design and development of the

Conference Session

Improving IE Course Content

Collection

2012 ASEE Annual Conference & Exposition

Authors

Yosef S. Allam, Embry-Riddle Aeronautical University, Daytona Beach; Scott Sink, Ohio State University; Joseph M. Cerrato, Ohio State University; John A. Merrill, Ohio State University

Tagged Divisions

Engineering Economy, Engineering Management, Industrial Engineering

Training Notes (rough)Q&P Logistics: 1. Classroom a. Review slides up to roles b. Have students review roles, select roles, mind quantities of each role c. GTA provide assigned roles on printed form from data spreadsheets d. Students work on pre-lab to finish off Classroom session, instructional team answers questions, complete pre-lab by beginning of Q&P Lab session, must use Classroom Q&P slides to answer questions 2. Before Lab a. Students finish pre-lab by beginning of Q&P Lab session (continued) b. Setup lab with initial layout (provided below) (see setup qty’s in doc) c. Have each station primed and ready to go with one of each variety

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

More Q&A, Communication, or more 16 communication time with sponsorTable 2: Summary of Sponsor Engineering Economy Case Study Feedback Questionnaire Data. Question Frequency Answers Where do you spend most of your 3 Field Engineering Manager time in your current position 5 Distribution Center (circle only one)? What are the main reasons (goals) Branding of Company and talent acquisition/ future 6 for partnering with Penn State IE candidates. Industrial

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

,” Journal ofFinancial Economics, 7, 229-263.13. Eisdorfer, A. (2008) “Empirical Evidence of Risk Shifting in Financially Distressed Firms,” The Journal ofFinance, 63(2), 609-637.14. Hennessy, C.A. (2004) “Tobin’s Q, Debt Overhand, and Investment,” The Journal of Finance, 59(4), 1717-1742.15. Lewis, N.A.; Eschenbach, T.G.; and Hartman, J.C. (2008) “Can We Capture the Value of Option Volatility?”The Engineering Economist, 53(3), 230-258.16. Luehrman, T.A., (1998) “Investment Opportunities as Real Options: Getting Started on the Numbers,” HarvardBusiness Review, 76(4), 51-64.17. Luehrman, T.A. (1998) “Strategy as a Portfolio of Real Options”, Harvard Business Review, 76(5), 89-99.18. Mun, J. (2006) Real Options Analysis, 2nd edition, John Wiley &

Conference Session

Engineering Economy Division Technical Session

Collection

2013 ASEE Annual Conference & Exposition

Authors

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

Tagged Divisions

Engineering Economy

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

Conference Session

Student Development and Assessment in IE Programs

Collection

2012 ASEE Annual Conference & Exposition

Authors

Mysore Narayanan, Miami University

Tagged Divisions

Engineering Economy, Engineering Management, Industrial Engineering, Systems Engineering

this ‘cycle’ in other ASEE publications. Page 25.221.9APPENDIX B : Sample Spreadsheet for Collecting Data STUDENT # X T Q M RUBRIC: FLUID MECHANICS RUBRIC BASED ON THE PRINCIPLES OF CRITICAL THINKING RUBRIC COURTESY OF W. S. U. WASHINGTON STATE UNIVERSITY PULLMAN, WA. 99164. LIKERT SCALE WEIGHT DISTRIBUTION : 5 4 3 2 1 1 Break down all barriers. √ 2 Create consistency of purpose with a plan. √ 3 Adopt the new philosophy of quality. √ 4 Establish high Standards. √ 5 Establish Targets / Goals

Conference Session

Engineering Economy Division Technical Session 2

Collection

2017 ASEE Annual Conference & Exposition

Authors

Isaac W Wait, Marshall University; Sameh M. El-Sayegh, American University of Sharjah; Salwa Mamoun Beheiry, The American University of Sharjah

Tagged Divisions

Engineering Economy

there is less than a 95% probability that the two groups are actually different.The significance of differences in overall student score for the questions of the pre- and post-testwere determined using a one-tailed t-test (Equation 4). x  0 t (Equation 4) s/ nWhere: ̅ = Mean score on concept inventory, end-of-semester = Mean score on concept inventory, beginning-of-semester s = Standard deviation, end-of-semester n = Number of students, end-of-semesterThe internal consistency of the concept inventory was evaluated with the Kuder-RichardsonFormula 20 approach (Equation 5). k   j 1 p j q j  k

Conference Session

Industrial Engineering Division Tech Session 2, IE-ing the Classroom

Collection

2017 ASEE Annual Conference & Exposition

Authors

Dia St. John, University of Arkansas; Eric Specking, University of Arkansas

Tagged Divisions

Engineering Economy, Engineering Management, Industrial Engineering

Libraries’ Efforts in Inclusion and Outreach Activities Using Social Media,” LIBRI, vol. 65, no. 1, pp. 34–47, 2015.[11] B. M. Moskal, C. Skokan, L. Kosbar, A. Dean, C. Westland, H. Barker, Q. N. Nguyen, and J. Tafoya, “K-12 Outreach: Identifying the Broader Impacts of Four Outreach Projects,” Journal of Engineering Education, vol. 96, no. 3, pp. 173–189, 2007.[12] M. Borrego, “Development of engineering education as a rigorous discipline: A study of the publication patterns of four coalitions,” Journal of Engineering Education, vol. 96, no. 1, pp. 5–18, 2007.[13] E. Specking and R. Almaian, “An Analytic Hierarchy Process Approach to Engineering Outreach Decisions,” in IIE Annual Conference. Proceedings, 2013, p. 1078.[14] S. H

Conference Session

Integrating Engineering Economy into Curricula

Collection

2014 ASEE Annual Conference & Exposition

Authors

Heath J. LeBlanc, Ohio Northern University; Bryan O'Neil Boulanger, Ohio Northern University

Tagged Divisions

Engineering Economy

Payback period and breakeven analysis 11 11/6 Valuation and depreciation 12 11/13 Data center Q&A session 13 11/20 Inflation and its effect on rate of return 14 12/4 Project Management: Critical path method 15 12/11 Project Management: Critical path method 16 12/18 Final examIn addition to the data center assignment, the ECE students were required to write a businessplan for a start-up company of their choosing. The purpose of the business plan was to havestudents develop business models and marketing strategies for a business start-up and map thoseto