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Course Number: OMGT 5463
 
Economic Decision-Making
 
Principles of economic analysis with emphasis upon discounted cash flow criteria for decision-making. Comparison of criteria such as rate of return, annual cost, and present worth for the evaluation of project alternatives.
Students must have completed prerequisite requirement OMGT 4323--Industrial Cost Analysis prior to enrollment.
 
Textbook: Engineering Economy, Blank and Tarquin, 6th ed., McGraw-Hill,0-073205346