SYCS 478 - Engineering Economic System Design

Institution:

Howard University

Subject:

Description:

Presents methodology for system design. Methodology begins with identification and definition of private sector problems to which solutions are justified by economics. Discusses selection of appropriate economic measures for comparing alternative solutions such as present worth, equivalent annual cost, cost/benefit ratio, life cycle cost, return on investment pay back period. Presents different techniques for modeling alternative solutions to the problems and predicting cost. Other topics include decision-making, system implementation, operations and retirement. Prereq.: SYCS-376.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.howard.edu

Phone Number:

(202) 806-6100

Regional Accreditation:

Middle States Association of Colleges and Schools

Calendar System:

Semester

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