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Industrial Organisation and Engg Economics by Banga Sharma PDF Industrial Organisation and Engg Economics by Banga Sharma PDF  Form

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hello everyone my name is bernard jr arkabahu and for this video i will be talking about engineering economics engineering economy is the economic decision making for engineering system it is also the study of industrial economics and the economic and financial factors which influence industry engineering economics poses numerous benefits because it allows those in industry to make strategic decisions for their companies while macro economics and financial competencies are key for business operations the engineering economics further provides the mechanism for decision making this decision involves the fundamental elements of cash flows of money time and interest rates combining these three essential elements in an organized mathematically correct ways to solve problems that will lead to better decisions engineering economy is a collection of techniques that simplify comparisons of alternative on an economic basis as an industrial engineering student it is essential to know the role of

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