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Homework assignments posted here are subject to correction in class or
through other means. Problems as assigned here are for your convenience
but are not a substitute for obtaining assignments in class.
Assignments as issued in class supersede these assignments unless otherwise
noted.
Homework Assignment: 1 2
3 4 5 6
7 8 9 10
11
Decision Time
From your textbook:
1.4, 1.6, 1.12, 1.16
Assignment Objectives:
| Practice making economically sound decisions (all) |
| Evaluate economic problems without time as a consideration (all) |
| Consider the role of probabilities of multiple outcomes in making
economic decisions. (1.16) |
Reading Assignments:
| Thursday (8/23) Ch. 2 pp. 30-48 Time Value of Money, Probabilities |
| Tuesday (8/28) Ch. 2 pp. 48-55 HW 1 Due, HW2 Assigned |
The Most Interesting of All Homework
From your textbook:
2.5, 2.9, 2.15, 2.24, 2.28, 2.37,
2.41, 2.47
Additional Practice Problems :
2.8, 2.14
Assignment Objectives:
| Determine present values, future values, and annual values of various
cash flows |
| Use fundamental interest formulae to solve economic problems |
| Apply interest rates to periods other than a year using effective
interest rates |
Reading Assignments:
| Thursday (8/30) Ch. 2 pp. 55-65 Additional cash flow equivalencies |
| Tuesday (9/04) More equivalency problems
HW 2 Due, HW3 Assigned
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This Might Be Even More Interesting, If Not for Inflation
From your textbook:
2.56, 2.59, 2.67, 2.73, 2.77, 2.80
3.1,
3.3,
3.6,
3.8
Note that the loan in problem 67 is $7000 as stated the first time in the
problem, not $6000 as indicated later in the same statement. Foreign
editions may or may not contain this typographical error.
Assignment Objectives:
| Apply concepts of equivalence when comparing multiple options (2.56,
2.73, 2.77, 2.80) |
| Determine present values, future values, and annual values of various
cash flows (2.59, 2.73, 2.77, 2.80) |
| Apply interest rates to periods other than a year using effective
interest rates (2.67) |
| Calculate continuously compounded interest (2.80) |
| Apply understanding of inflation to cost analysis (3.1, 3.3, 3.6, 3.8) |
Reading Assignments:
| Thursday (9/6) Ch. 3 pp. 97-105 Bonds |
| Tuesday (9/11) Ch. 4 pp. 108-127 Methods of comparison
HW 3 Due, HW 4 Assigned
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You Are A Financial Mogul In The Making
From your textbook:
3.9*, 3.15, 3.17, 3.21, 3.26
4.1, 4.6, 4.10, 4.15, 4.16
* Note that the year 2 labor cost in problem 3.9 should be $1500 instead
of $15,000
Assignment Objectives:
| Apply understanding of inflation to cost analysis (3.9) |
| Evaluate cash flows with variable interest rates (3.9) |
| Perform economic analyses of bond investments and loans (3.15, 3.17,
3.21) |
| Apply interest rates to periods other than a year using effective
interest rates (3.21) |
| Analyze the mathematical properties of economic factors (3.26) |
| Assess multiple opportunities using different methods of comparison,
including PW, AW, FW, IRR, ERR, Ratios, and Payback (4.1, 4.6, 4.10) |
| Evaluate capitalized cost (4.15, 4.16) |
Reading Assignments:
| Thursday (9/13) Ch. 4 pp. 128-134 Use of spreadsheets for comparison
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| Tuesday (9/18) Ch. 5 pp. 143-154 Comparing alternatives
HW 4 Due, HW5 Assigned |
How To Be an Effective Speaker When Saying AW, ERR, FW ,
Etc.
From your textbook:
4.20, 4.23, 4.24, 4.27, 4.30
Assignment Objectives:
| Assess multiple opportunities using different methods of comparison,
including PW, AW, FW, IRR, ERR, Ratios, and Payback (4.20, 4.23) |
| Evaluate capitalized cost (4.24, 4.27) |
| Utilize spreadsheets in economic calculations (4.30) |
Reading Assignments:
| Thursday (9/20) Ch. 5 pp. 143-176 Comparing alternatives
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| Tuesday (9/25) Ch. 5 pp. 176-202 Supplementary Analyses
HW5 Due, HW6 Assigned |
| Thursday (9/27) Ch. 5 pp. 202-225 Analytical Conclusions
Stock Market Game Report 1 Due |
| Tuesday (10/02) EXAM 1 (chapters 1-4)
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For the sake of comparison...
From your textbook:
5.4,5.10, 5.13, 5.16, 5.20, 5.21,
5.27(a, b, c, h), 5.30
Assignment Objectives:
| Determine cash flows for comparing systems of lifetimes using various
planning horizons (5.4) |
| Determine viable alternatives and develop cash flow profiles for each
alternative (5.10) |
| Determine the cost of funding and use it to develop a MARR (5.13,
5.16, 5.20) |
| Apply both ranking and incremental approaches to comparing
alternatives using the PW, FW, AW, IRR, ERR, SIR, PB, and DPB methods
(5.21, 5.27, 5.30) |
Reading Assignments:
| Thursday (9/27) Ch. 5 pp. 202-225 Analytical Conclusions
Stock Market Game Report 1 Due |
| Tuesday (10/02) EXAM 1 (chapters 1-4) |
| Thursday (10/04) Ch. 6 pp. 256-262 Depreciation
HW6 Due, HW7 Assigned |
You can’t say this assignment doesn’t
compare...
From your textbook:
5.43, 5.45, 5.46, 5.70(a, c, f), 5.82, 5.86,
5.93, 5.98, 5.104
Assignment Objectives:
| Apply breakeven analysis to time sensitive economic alternatives
(5.43) |
| Apply sensitivity analysis to economic alternatives (5.45, 5.46) |
| Analyze systems involving no positive cash flows (5.70, 5.82, 5.86) |
| Apply the cash flow, outsider viewpoint, and optimum replacement
interval approaches to replacement analysis (5.93, 5.98, 5.104) |
Reading Assignments:
| Thursday (10/04) Ch. 6 pp. 256-262 Taxes |
| Tuesday (10/09) Ch. 6 pp. 262-281 Depreciation
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| Thursday (10/11) Fall Break |
| Tuesday (10/16) Ch. 6 pp. 281-308 Taxes and Depreciation
HW7 Due, HW8 Assigned |
I hope you truly depreciate what this
assignment does for you
From your textbook:
6.8, 6.13, 6.22, 6.26(a,b), 6.38,
6.41(a,b), 6.44, 6.58
Assignment Objectives:
| Prepare depreciation schedules using straight-line, declining balance,
and SOY methods with and without switching (6.8) |
| Utilize MACRS-GDS and ADS allowances to prepare depreciation schedules
(6.13, 6.22) |
| Apply depreciation schedules to determine tax impact and construct
ATCF schedules (6.26) |
| Determine tax liability for simple cases according to IRS rules (6.
38. 6.41, 6.44) |
| Combine tax and inflation effects to determine ATCF and compare
options using both TC and CW analysis (6.58) |
Reading Assignments:
| Thursday (10/18) Ch. 7 pp. 319-330 Public Project Analysis |
| Tuesday (10/23) Ch. 7 pp. 330-352 Benefit-Cost Analysis
HW8 Due, HW9 Assigned |
This Assignment is not a Public Project
From your textbook:
7.5,
7.9, 7.10, 7.19, 7.20, 7.24, 7.25
Assignment Objectives:
| Use benefit-cost analysis to compare alternatives (7.5, 7.9, 7.10,
7.19, 7.20, 7.24) |
| Use cost-effectiveness analysis to compare alternatives (7.25) |
Reading Assignments:
| Thursday (10/25) Ch. 8 pp. 381-399
Accounting Principles,
Stock Mid-Game Report Due
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| Tuesday (10/30)
No class meeting, HW 9 Due,
HW 10 Assigned
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| Thursday (11/01)
Ch. 18 Eschenbach Uncertainty and Probability |
Back to Top
Homework #10 (Due November 13, 2007)
Make certain you account for all of your solutions
From your textbook:
8.8, 8.9, 8.11,
8.17, 8.19, 8.21
Additional Recommended Problems:
8.14, 8.15, 8.20, 8.22
Assignment Objectives:
| Apply costing and estimating principles to perform economic analyses
(8.8, 8.15) |
| Distinguish between fixed and marginal costs and use in economic
analyses (8.9) |
| Optimize profits using economic principles (8.11, 8.14) |
| Prepare income statements and balance sheets to demonstrate
understanding of basic accounting principles (8.17, 8.19) |
| Perform calculations involving accounting measures of performance
(8.20) |
| Determine appropriate selling price based on cost and production
estimates (8.21) |
| Determine overhead rates for accounting purposes (8.22) |
Reading Assignments:
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Tuesday (11/06)
No class meeting, AIChE Annual Meeting
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Thursday (11/08)
No class meeting, AIChE Annual Meeting
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Tuesday
(11/13)
Ch. 18 Eschenbach Uncertainty and Probability, Decision
Trees, HW 10 Due, HW 11 Assigned
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What are the chances you can get all of these correct?
From Eschenbach:
18.9, 18.12, 18.14, 18.15, 18.20, 18.24,
18.25
Assignment Objectives:
| Evaluate alternatives accounting for probabilistic descriptions of
outcomes and risk (18.9, 18.12, 18.14, 18.15, 18.20) |
| Use decision trees in evaluating alternatives (18.24, 18.25) |
| Use the efficient frontier to compare alternatives (18.25) |
Reading Assignments:
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Thursday (11/15)
Monte Carlo Simulations
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Tuesday (11/20)
Exam 2, Chapters 5-8
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Thursday (11/22)
No class meeting, Thanksgiving
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Tuesday (11/27)
Simulations in Excel
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Thursday (11/29)
Simulation Workshop,
HW 11 Due
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Tuesday (12/04)
Project Presentation
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Thursday (12/06)
Excel Team Exercise,
Final Stock Game Report Due
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Friday (12/07)
Project Report Due
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Thursday (12/13)
Comprehensive Final Exam
10:45-12:45
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