Engineering good business decisions
IISE Body of Knowledge (May 2021)
By Cameron MacKenzie
We all like to make money to do more
things and expand our opportunities.
Engineers, especially engineering
students, sometimes forget that businesses
employ engineers to help them
create value and make money. As the
IISE Body of Knowledge emphasizes in
Chapter 3, Engineering Economic Analysis,
engineering economics focuses on helping
engineers make better decisions for
themselves and their companies.
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