Engineering Economics and Cost Analysis

 This course presents advanced techniques and analysis   designed to permit  managers to estimate and use cost information in decision   making.  Topics  include: historical overview of the management accounting   process, statistical  cost estimation, cost allocation, and uses of cost   information in evaluating  decisions about pricing, quality, manufacturing processes   (e.g., JIT, CIM),  investments in new technologies, investment centers, the   selection process for  capital investments, both tangible and intangible, and how   this process is  structured and constrained by the time value of money, the   source of funds,  market demand, and competitive position.

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