Replacement Analysis

Engineering Economics Revision Article Series Replacement refers to a broad concept embracing the selection of similar but new assets to replace existing assets as well as selection of entirely different ways to perform the function supported by the earlier asset. Replacement decisions are a choice between the present asset, called defender and currently available alternatives …

Flashback Friday Project

I just signed up the new blogging event. Flashback Friday Project For Details visit the page http://www.alifeexamined.com.au/2016/05/how-long-have-you-been-blogging.html _________________________________ __________________________________

Cost Of Ignorance – Knowledge Has Value

I saw a post in a Linkedin Community on Ignorance and wrote the comment that I developed the concept, Cost of Ignorance long back.  The search of my blog posts took me to a post in 2008. 6 September 2008 Marketing and Marketing Concepthttp://nrao-mgmt-smi-handbook.blogspot.in/2008/09/marketing-and-marketing-concept.html I am writing articles on Google Knol platform with an intention …

July – Management Knowledge Revision

July  (Economics, Engineering Economics, & Managerial Ethics) 1st Week  ( 1 to 5 July) Economic Theory of Production and Production CostEconomic Analysis of Different Competitive Conditions. Factor Pricing Theory and Land Rents Wages and the Labor Market – Samuelson and Nordhaus  Capital, Interest and Profits – Review NotesMarkets and Economic Efficiency – Review Notes Economic …