This course provides the student with the skills to formulate, develop and apply analytical techniques to reach cost-effective solutions to business, government and/or engineering-related problems. The course will focus on time-based analysis of selection, replacement, lease-to-buy options, multiple alternatives, uncertainty and sensitivity analysis. A problem-solving approach will be implemented to develop the concepts identified. Topics include engineering, decision-making, cash flow equivalence, present worth analysis, annual cash flow analysis, rate of return analysis, incremental analysis, depreciation, income tax assessment, replacement analysis, inflation and deflation, estimating in future event, selecting a minimum attractive rate of return and the successful evaluation and rationing of capital among competing projects.
Prerequisite: STA 2023 or higher or department approval.
Terms Offered: Spring
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Textbook information will be available online for each term's courses 45 days prior to the first day of classes for the term.
Each course offered by Seminole State is listed alphabetically and organized by the course prefix, catalog number and description. The courses in this catalog are identified by prefixes and numbers that were assigned by Florida's Statewide Course Numbering System, a system used by all public postsecondary institutions in Florida and 32 non-public institutions. Seminole State controls the description, credit and content of its own courses.