and serves as department chair. His research interests are in economic decision analysis and dynamic programming. He is an active member of ASEE, IIE, and INFORMS and currently serves as editor of The Engineering Economist. Page 15.607.1© American Society for Engineering Education, 2010 Funding Decisions for Multi-Stage ProjectsAbstractLarge industrial projects are generally organized and funded in stages, with each stage fundedand executed sequentially. This is widely practiced with new product and new technologydevelopment projects, venture capital projects, and natural resource development
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
taken a lead role in addressing this issue, investing inquality programs that prepare the state’s K-12 students to proceed into engineering degreecurricula. This is a large project due to the state’s social economics and students’ STEMpreparedness. According to the Arkansas Department of Education 2015-2016 data, 61% ofpublic school students receive free or reduced lunch with 41% of Arkansas school districtscontaining populations where at least 70% of students receive free or reduced lunch (15 districtsbetween 90% - 100%).[3] According to ACT, Arkansas students perform lower than the nationalaverage on all sections, especially in math (below a 20).[4] This means outreach activities areimperative to help expose, excite, and prepare students to
Paper ID #17118Critical Life-Cycle Decision Making for Projects under UncertaintyDr. K. Jo Min, Iowa State University K. Jo Min is Associate Professor and Associate Chair, Director of Undergraduate Education in Industrial and Manufacturing Systems Engineering Department at Iowa State University. He teaches courses on pro- duction systems, closed-loop supply chains, and engineering valuation. His education research interests include outcome assessment and visualization aids, and his engineering research focuses on application of stochastic optimal control on engineering decision making. He has co-authored numerous papers in
Paper ID #9980A Cross-Discipline, Project-Based Approach to Teaching Engineering Econ-omyDr. Heath J. LeBlanc, Ohio Northern University Heath J. LeBlanc is an Assistant Professor in the Electrical & Computer Engineering and Computer Science Department at Ohio Northern University. He received his MS and PhD degrees in Electrical Engineering from Vanderbilt University in 2010 and 2012, respectively, and graduated summa cum laude with his BS in Electrical Engineering from Louisiana State University in 2007. His teaching interests include control, signals and systems, electric circuits, engineering economy
AC 2010-1477: INTEGRATION OF ENGINEERING ECONOMICS, STATISTICS,AND PROJECT MANAGEMENT: REINFORCING KEY CONCEPTSPaul Kauffmann, East Carolina University Paul J. Kauffmann is Professor and Chair in the Department of Engineering at East Carolina University. His industry career included positions as Plant Manager and Engineering Director. Dr. Kauffmann received a BS degree in Electrical Engineering and MENG in Mechanical Engineering from Virginia Tech. He received his Ph.D. in Industrial Engineering from Penn State and is a registered Professional Engineer in Virginia and North Carolina.Stephanie Sullivan, East Carolina University Stephanie Sullivan is a visiting instructor in the Department of
Paper ID #18126Case Studies Under Your Nose: Using Campus Projects as Case Studies forEngineering EconomyAimee T Ulstad P.E., Ohio State University Aimee Ulstad, P.E is an Associate Professor of Practice in the Integrated Systems Engineering Department at The Ohio State University. Prior to joining the faculty at Ohio State, Aimee was an industry professional in various field in engineering for over 30 years. Aimee received her degrees in Mechanical Engineering and Masters in Business Administration from Ohio State. She began her career as a packaging equipment engineer at Procter and Gamble, then moved to Anheuser-Busch
AC 2012-3821: INTEGRATING PROJECT MANAGEMENT, LEAN-SIXSIGMA, AND ASSESSMENT IN AN INDUSTRIAL ENGINEERING CAP-STONE COURSEDr. Ana Vila-Parrish, North Carolina State University Ana ”Anita” Vila-Parrish is a Teaching Assistant Professor and Director of Undergraduate Programs in the Edward P. Fitts Department of Industrial and Systems Engineering.Dr. Dianne Raubenheimer, Meredith College Page 25.803.1 c American Society for Engineering Education, 2012 Integrating Project Management & Lean-Six Sigma Methodologies in an Industrial Engineering Capstone CourseAbstractThe ability to
AC 2012-4675: INTEGRATING STUDENT PROJECTS THROUGH THEUSE OF SIMULATION TOOLS ACROSS LOGISTICS ENGINEERING CUR-RICULUMDr. Pawel Pawlewski, Poznan University of Technology Pawel Pawlewski works as an Assistant Professor at the Department of Engineering Management, Poznan University of Technology. He holds a Ph.D. in mechanical engineering, with a specialization in organi- zation of production systems from the Poznan University of Technology. His research interests include organization of manufacturing systems, monitoring of operations management, reengineering and IT ap- plication for logistics, simulation, and modeling of processes.Dr. Zbigniew J. Pasek, University of Windsor Zbigniew J. Pasek is an Associate
had this position for a total of 5 years, during which she was awarded the Outstanding Teaching Assistant Award. She has industry experience as a Management Engineer for the Port Authority of New York and New Jersey. Her research interests lie in Engineering Management, with a focus on engineering economics and sustainable engineering. Page 24.262.1 c American Society for Engineering Education, 2014 Case Study Application of After Tax Analysis to a Renewable Energy Project Increases in population and technology will require an increase
Paper ID #6124Project based learning in engineering economics: Teaching advanced topicsusing a stock price prediction modelingDr. Lizabeth T Schlemer, California Polytechnic State University Page 23.991.1 c American Society for Engineering Education, 2013 Project based learning in engineering economics: Teaching advanced topics using a stock price prediction modelAbstract: A graduate level advanced engineering economics class taught at CaliforniaPolytechnic State University, San Luis Obispo, includes a thorough
Engineering Education, 2012 ANALYSIS AND DEVELOPMENT OF A MODEL FOR THE CAUSES OF COST AND TIME OVERRUNS IN ENGINEERING PROJECTSAbstractCost and time overruns have been the most disgusting problems in most engineeringprojects. There are number of factors such as funds unavailability at the proper time,unavailability of skilled manpower, incapability of management to manage projectproperly, lack of commitment from project team and problems in the of supply of rawmaterial on time. By understanding the causes of cost and time overruns, we cancontrol cost and time overruns in engineering projects. These overruns may be due toexternal or internal factors that make engineering projects to delay and over budget.The main
Paper ID #8760Integrating Economic Analysis into Capstone DesignDr. Gene Dixon, East Carolina University Gene Dixon is an Associate Professor at East Carolina where he teaches aspiring engineers at the under- graduate level. Previously he has held positions of responsibility in industry with Union Carbide, Chicago Bridge & Iron, E.I. DuPont & deNemours, Westinghouse Electric, CBS, Viacom and Washington Group. Positions include project engineer, program assessor, senior shift manager, TQM coach, and production reactor outage planner. He received a Ph.D. in Industrial and Systems Engineering and Engineering Man
College, SA Project Manager Master of Engi- neering Management, USA Bachelor of Mechanical Engineering, SA c American Society for Engineering Education, 2019Work In Progress: A Thesis Based Option for Enhancing Pedagogy in Engineering Economyat the Graduate LevelAbstractEngineering students typically learn the basics of engineering economics through an introductoryEngineering Economics course. Such courses do cover the basic financial modeling and analysistechniques, however they don’t provide an understanding of the complexity of economic analysisof real life situations. In particular, the financial analysis of public sector projects necessitatesfinancial modeling based on incomplete data and multiple selection
Cornell University (1999). Prior to coming to UPRM, Papadopoulos served on the faculty in the department of civil engineering and mechanics at the University of Wisconsin, Milwaukee. Papadopoulos has diverse research and teaching interests in Structural Mechanics, Appropriate technol- ogy, Engineering Ethics, and Mechanics Education. He is a PI on the NSF-sponsored project Full-culm Bamboo as a Full-fledged Engineering Material and is developing community bamboo projects in Puerto Rico and Haiti. He is also co-author of the book Lying by Approximation: The Truth about Finite Element Analysis and served as the Chair of the ASEE Mechanics Division in 2015-16. c American Society for Engineering
education. In this paper, we present an overview of asemester-long research project for a graduate course in Capital Budgeting. At the core of theproject is a student-developed Capital Budgeting simulation model. This model is used both as atool for examining the effectiveness of existing capital project ranking methods such as IRR,NPV, and Payback, and also as a research platform for testing new ranking and selectionmethods. The project consists of three phases. The first phase is comprised of individual workwhere students design and program a basic Capital Budgeting simulation model using MicrosoftExcel and Visual Basic for Applications (VBA). During the second phase, students transitioninto small self-selected teams to validate and then expand
college of engineering has been offering a minorprogram in microsystems and nanotechnology. This has recently been upgraded to a major.Concurrently, efforts are underway to introduce this new field in existing courses, so as to enticestudent’s interest. This study deals with creating a nanotechnology module in our course inEngineering Economy. A typical course work in engineering economy includes employingvaluation tools and benefit-cost analysis (among many others) to study the financial feasibility ofengineering projects. Unfortunately, for projects involving nanotechnology, the finances aremainly speculative since commercial applications of nanotechnology are mainly at its infancy.Hence, we targeted small and medium enterprises (SME’s) dealing
University of Pittsburgh) and at The Pennsylvania State University. Dr. Bursic has done research and published work in the areas Engineering and Project Management and Engineering Education. She is a member of IIE and ASEE and is a registered Professional Engineer in the state of Pennsylvania. Page 11.222.1© American Society for Engineering Education, 2006 Applying Engineering Economic Analysis to Contemporary Problems with Global and Societal ImplicationsAbstractThis paper describes the use of contemporary issues to teach students to solve problems in aglobal and societal context in an introductory
and unconscious assumptions throughout his career. c American Society for Engineering Education, 2017 Integrating Costing into an Engineering Economics CourseIntroductionThe Engineering Technology department at Tarleton State University has been working with itsindustrial partners for over 20 years to allow students the opportunity to engage in real worldprojects during their senior capstone projects. Over the past few years, the projects haveincreased in complexity and have shifted from facility layout and safety based projects to nowinclude tool and process design, with the added benefit that many of the companies are taking theprojects and implementing them at some point after students have
2006-18: DESIGN AND IMPLEMENTATION OF AN ADVANCED RESOURCESECONOMIC AND RISK ANALYSIS COURSEJ. Cunha, University of Alberta J. C. Cunha is an associate professor at the School of Mining and Petroleum, University of Alberta, Canada. His main research and teaching interests are in the areas of well design, horizontal wells, deepwater developments and risk analysis applied to various petroleum engineering processes. Prior to joining UofA, Cunha has worked for 25 years at Petrobras where, as a senior technical advisor, he worked in a number of onshore and offshore projects in Brazil, various South America countries, Gulf of Mexico, Africa and the Caribbean. Originally a civil engineer
pilot implementation, discussion, recommendations for future research,and acknowledgements.The Mouse FactoryThe Mouse Factory is a web-based simulation of a manufacturing plant for producing USBcomputer mice. There are four components for each laboratory or project of the online MouseFactory: a web site containing the learning assignments, a website containing a completedescription of the Mouse Factory and Java Server Face (JSF) web-based applications thatgenerate data. Note that the gauge R&R project does not use JSF applications to generate databut rather requires the students to make their own measurements of a set of gauge blocks.Students typically access the learning materials through the assignment web-site located athttp
, the University of Texas at El Paso, NewMexico State University, Texas A&M University-Kingsville and Texas State University-SanMarcos united efforts to create a regional network of researchers to advance knowledge inrenewable energy research and education. This paper introduces the BGREEN (BuildinG aRegional Energy and Educational Network) project and shows how industrial engineers at thedifferent participating institutions will benefit. BGREEN is a multi-disciplinary project whichpromotes collaboration among different universities, colleges, departments and a federal agency,the United States Department of Agriculture. This type of collaboration is fundamental since thescale and nature of energy challenges requires expertise from a wide
in which capstone design courses differ between engineering programsis the type of design project students complete. There has been a recent trend for engineeringprograms to partner with industry to provide capstone design projects direct from the “realworld.” In 1994, industry projects accounted for approximately 59% of capstone design projectsin surveyed engineering programs, compared to 71% in 2005.4,8 Not only do these projectsenrich students’ appreciation of educational relevance, but they are also beneficial in establishingindustry ties to programs and encouraging faculty professional development.3 Industrysponsored projects present a number of drawbacks, however, including difficulty in findingprojects, determining an appropriate
AC 2012-4088: INTEGRATING INNOVATIVE PEDAGOGIES INTO EN-GINEERING ECONOMICS COURSESDr. Naveen Seth, New Community College at CUNY Naveen Seth is a founding faculty member in business at the City University of New York’s New Commu- nity College. He has also taught at Pratt Institute in the Construction Management Program. At Vaughn College of Aeronautics and Technology, he headed the Aviation Management programs and also taught engineering economics in the B.S. program in engineering.Prof. Donald P. O’Keefe, Farmingdale State College Donald P. O’Keefe has 15 years experience teaching at the college level. He taught courses in engineering graphics, quality control, and project management
increasingcomplexity through initial exercises and subsequent assignments; they reported that studentsshowed significant gains in their abilities to perform the skills targeted with these assignments. 5Linder et al. used a modified version of the first approach and employed scaffolding inredesigning an introductory computer science course to keep students interested in their selectedmajors and better prepare them for higher-level classes. 6 Their scaffolding structure includedclassroom activities and short one-week assignments that target the skills needed in a largerassignment, which was the final class project. They observed that with the instructionalscaffolding approach followed in structuring and conducting assignments, the weaker studentswere able to
25 new courses. He has supervised over 35 Industrial Design Projects. He is a returned Peace Corps Volunteer. He is dedicated in helping his students to succeed.Dr. Otsebele E Nare, Hampton University Otsebele Nare is an Associate Professor of Electrical Engineering at Hampton University, VA. He received his electrical engineering doctorate from Morgan State University, Baltimore, MD, in 2005. His research interests include System Level Synthesis Techniques, Multi-Objective Optimization, Device Modeling and K-16 Integrative STEM education. American c Society for Engineering Education, 2020 Work in Progress: Engineering Economy Taught Across
industrial and system engineering at the University of New Haven where he taught undergraduate and graduate courses. Dr. Aqlan has also worked on industry projects with Innovation Associates Company and IBM Corporation. His work has resulted in both business value and intellectual property. He has published several papers in reputed journals and conferences. Dr. Aqlan is a senior member of the Institute of Industrial and Systems Engineers (IISE) and has received numerous awards and honors including the IBM Vice President award for innovation excellence.Prof. Yuan-Han ”Rick” Huang, Pennsylvania State University, Erie (Behrend College) Dr. Yuan-Han Huang is an Assistant Professor of Industrial Engineering at Penn State Behrend
AC 2007-2391: A CASE STUDY ON THE USE OF SEMINARS IN ENGINEERINGCOURSES - A COMPARISON BETWEEN A GRADUATE AND ANUNDERGRADUATE COURSEJ. Cunha, University of Alberta Page 12.11.1© American Society for Engineering Education, 2007 A Case Study on the Use of Seminars in Engineering Courses A Comparison Between a Graduate and an Undergraduate CourseAbstractThis paper presents comparison of results obtained in two distinct courses, one graduate andone undergraduate, where engineering economy was one of the main components of thecourse.The graduate course is the advanced version of the undergraduate course. In both it was usedthe same methodology of assigning projects that
of tactics in order to be efficient with my large class, as well as trying to promote alearning environment. From that information, I found the following to be most useful whenteaching the large class: • Detailed syllabus: The entire course was laid out on the syllabus, including daily lectures, dates of exams, and project due dates. This is clearly the benefit of having taught the course numerous times. It helped alleviate problems with absences before they were to occur (i.e., student travel for job interviews). • Homework: Homework was assigned weekly. From this set of problems, a subset was collected and a further subset (often only one problem) was graded (and the others were merely checked to
involved in project analysisand justifications since graduating with a BIE degree in 1970. Since 1993, the author has beenteaching engineering economy on a regular basis in a variety of programs and for a variety ofaudiences at both the undergraduate and graduate level. During this time the author of this paperlist 58 different courses on his cv in programs as diverse as industrial engineering, engineeringmanagement, manufacturing engineering, industrial management, and technology management.During the past thirteen years, the author has regularly attended the annual ASEE conferencesand attended countless sessions. These sessions have been eye-opening and thought provokingand well worth the time to attend. At the same time it has educated this