Focusing on decisions--engineering economy as a decision tool not an adjunct to accounting--this textbook is completely integrated into the easy-computing era and treats monetary inflation routinely. Contains detailed coverage of equipment replacement, after-tax analysis, risk, public economy, benefit/cost ratios and cost effectiveness. Chapter 10 features unique case-study-type design exercises which integrate methods and practice. Includes over 800 original problems with comprehensive solutions and discussion, approximately 300 chapter examples, 450 end-of-chapter exercises, 100 quiz questions plus several hundred charts, graphs and tables.