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Benefit Cost Analysis - Fundamentals of Engineering Economics 

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www.EngineerInTrainingExam.com In this tutorial, we will reinforce your understanding of Benefit Cost Analysis. We will begin by defining Benefit Cost Analysis, discuss the general work flow, and then run through an example of something we may see on the exam.

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15 июн 2024

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Комментарии : 37   
@SpectrumEconomics
@SpectrumEconomics 7 лет назад
I've worked with engineers on benefit cost analysis (BCA) for many years. It is such an important input into investment decision-making. It is good you have a video targeting engineers and includes a detailed description of how the BCR is calculated.
@VipinKumar-hr5wy
@VipinKumar-hr5wy 5 лет назад
awesome.Understood in the first time.Thankyou very much
@viralviruz8694
@viralviruz8694 Год назад
I just woke up at 3pm and got a exam tomorrow morning. Glad I found this because I can't mug up to even pass
@Fattness123
@Fattness123 10 лет назад
These videos are awesome! Thank you very much. Taking the F.E. next fall.
@EngineerInTrainingTV
@EngineerInTrainingTV 9 лет назад
James Brown Thanks for the kind words James, and glad I was able to help. How did the exam go for you? I'm always here to help with anything engineering, and hope to be post videos centered around the PE exam soon. So make sure to subscribe to my channel here, and check out my site www.engineerintrainingexam.com/
@jaze0187
@jaze0187 4 года назад
I've been struggling in this class, while also going through integral calculus. I didn't know about the appendix in my book... weeks of hardship on my timed tests lol professor never mentioned this. Thanks for a great video.
@EngineerInTrainingTV
@EngineerInTrainingTV 4 года назад
Unfortunately, that does happen all too much. I’m happy that it helped, don’t hesitate to let me know if you need anything else! :)
@frozenfishXI
@frozenfishXI 7 лет назад
Hi there, thanks for the video. What if I have a negative ratio after comparing 2 alternatives? Would that be classified under
@agabrielsen02
@agabrielsen02 10 лет назад
I'm just having trouble picking which thing to use when you write: (F/A,%, n) I never really know which function to work with from the ncees manual
@bakarismith3095
@bakarismith3095 7 лет назад
how do you know which Formula to use
@FlyingDan_MeasureMan
@FlyingDan_MeasureMan Год назад
Hey my man. Thank you. You help.
@sudipgiri5716
@sudipgiri5716 6 лет назад
its helps my exam thankew sir
@user-il4pw4vr5f
@user-il4pw4vr5f 6 месяцев назад
In deciding which is better alternative, is the cost that you're talking about, is it in the overall cost of each alternative or the first cost of each alternative?
@marwan241
@marwan241 10 лет назад
Thank You Sooooo Much
@jazmineroman
@jazmineroman 3 месяца назад
How do we know to use F/a column?
@xxathenacraftsxx
@xxathenacraftsxx 8 лет назад
bless your beautiful soul
@nawingoray8998
@nawingoray8998 6 лет назад
very useful for exam purpose
@shylildude
@shylildude 9 лет назад
does it have to be PW? can it be AW of benefits/AW of costs or FW of benefits/FW of costs?
@maryamshaibuadenabu7692
@maryamshaibuadenabu7692 Год назад
Some pls help solve this A company is proposing a new equipment at 36,000. And he feels he will reduce labour and attract high price for his products at 6,800 per year over a period of 8 years. At the end of the 8 years the salvage for the equipment is 3,000. If the opportunity cost is 10%, calculate the benefit cost ratio
@aprilthompson9701
@aprilthompson9701 8 лет назад
I am trying to learn about benefit to cost ratio for a paper and therefore do not have the book you reference so often. For your target audience the lesson is very helpful, but to someone without it, jargon like the A and B abbreviations in the interest chart is left unexplained. Still very helpful, thank you
@faisalsaleem21
@faisalsaleem21 8 лет назад
+April Thompson ncees.org/exams/study-materials/download-fe-supplied-reference-handbook/ Just need to fill out your email. NCEES will send you a password. Then you can download the handbook. That Justin refers about.
@aprilthompson9701
@aprilthompson9701 8 лет назад
Ok thank you.
@charliecohn1
@charliecohn1 3 года назад
Thanks Dickmeyer!
@andrewchoi3490
@andrewchoi3490 3 года назад
at 6:39, why converting annual benefit to present??? can anyone explain this? I checked the rate of return" lecture and explains that it converts to P to A though
@muhammadabdullah4756
@muhammadabdullah4756 2 года назад
because the formula says "present worth"
@DRS88
@DRS88 3 года назад
Why alternative b is the best? I did not get it.
@maryamshaibuadenabu7692
@maryamshaibuadenabu7692 Год назад
Great video though. But I'm not certain where the 3 came from, 4% gotten but the 3 how come about it
@andrgrimes
@andrgrimes 11 лет назад
First!! Good video though, thanks it was helpful.
@aileenflores3012
@aileenflores3012 10 лет назад
difference is in absolute value
@mommymilesphone
@mommymilesphone 11 лет назад
it's true, but the 'teacher' was simply showing the difference (not considerning the -symbols). cost diff is 46k.
@khanguyen519
@khanguyen519 11 лет назад
5:20 B-A= -146k-(-100k)= -46k?
@197016003
@197016003 5 лет назад
maybe he is just finding the difference as an absolute value?
@josephvitiello6303
@josephvitiello6303 11 месяцев назад
I think it's because at year 0 they were both profit numbers (a cost is negative profit) then he uses 46,000 as a cost thus changing the sign.
@hazimalseriawe265
@hazimalseriawe265 6 лет назад
plz change the writing way not clear
@EngineerInTrainingTV
@EngineerInTrainingTV 6 лет назад
Thanks for the input my friend...we have definitely evolved the presentation of the material, check out our recent lectures, hope they come across more clear. Have a great day! :)
@luistoral1192
@luistoral1192 6 лет назад
oh .is time to give free !? college and free university .for USA only that can are children's can have good future?;! OK?;;?
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