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The Selection Process for Capital Projects (Wiley Series in Engineering and Technology Management) [Hardcover]

Hans J. Lang , Donald N. Merino
1.0 out of 5 stars  See all reviews (1 customer review)
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Book Description

5 Oct 1993 0471634255 978-0471634256
Reviews basic principles and presents techniques for evaluating and making decisions about investments and the acquisition of capital projects in industry and the private sector. Provides management and control techniques for construction of facilities or installation and operation of machinery and equipment. Covers sensitivity analysis and methods for ranking projects. Discusses the limitations of various methods. Explains how to carry out economic studies for the proper allocation of capital spending.

Product details

  • Hardcover: 720 pages
  • Publisher: John Wiley & Sons (5 Oct 1993)
  • Language: English
  • ISBN-10: 0471634255
  • ISBN-13: 978-0471634256
  • Product Dimensions: 24 x 16 x 4 cm
  • Average Customer Review: 1.0 out of 5 stars  See all reviews (1 customer review)
  • See Complete Table of Contents

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Most Helpful Customer Reviews
1.0 out of 5 stars This book does not live up to its name! 21 Jun 1998
By A Customer
Format:Hardcover
Having used the book in the course taught by Merino, I have noticed that the examples given at the end of each chapter are erroneous in nature. Many a time, I have found that the book lacks the basic elements of engineering economics. This book is definitely not for undergraduates.
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Amazon.com: 3.0 out of 5 stars  2 reviews
1 of 1 people found the following review helpful
5.0 out of 5 stars Excellent Concepts 3 May 2004
By A Customer - Published on Amazon.com
Format:Hardcover
While there is no disagreeing that this book is written at an advanced level, it does clearly present key concepts that are often difficult to understand apart from each other. I used a newer version of this book in Merino's class, and it really is the best book in its class.
Some of the more complex topics like multi-attribute analysis and risk management are presented well. After-tax analysis is not presented in as much depth as I would have liked, but after going through the examples the topic becomes clear.
Overall this book is excellent. It is a must read for those aspiring to go into management or get an MBA one day.
4 of 9 people found the following review helpful
1.0 out of 5 stars This book does not live up to its name! 21 Jun 1998
By A Customer - Published on Amazon.com
Format:Hardcover
Having used the book in the course taught by Merino, I have noticed that the examples given at the end of each chapter are erroneous in nature. Many a time, I have found that the book lacks the basic elements of engineering economics. This book is definitely not for undergraduates.
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