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WorksheetsIntroduction to Engineering Economy
Total questions: 10
Worksheet time: 10mins
What is engineering economy?
The way we make and use money
Involves formulating, estimating, and evaluating the expected economic outcomes of alternatives designed.
Goods bought from another country
Why engineering economy is important to Engineers?
To make decision in purchasing/selling/disposal of material, machines, tools & equipments.
To determine cost of manufacturing
To decide the most economical/profiatable project for industry
All the above
Concurrent engineering is a systematic approach to the integrated, concurrent design of products and their related processes, including manufacture and support.
True
False
All of the following are principles of engineering economy, except:
Develop the alternatives
Focus on the differences
Use a common unit of measure
Reconsider all relevant criteria
What is the process of developing newer, better things?
Innovation
Market
Competition
Which word best describes a constraint?
Option
Oppurtinity
Restriction
The engineering process begins
when you brainstorm new ideas
creating an advertisement
identifying the need or solution to a problem
When finding the solution to an engineering problem, there is/are usually
only one possible correct solution
a very limited number of possible correct solutions
many possible correct solutions
A team of engineers is asked to design a scooter for less than $30. They decide that they will only use recycled materials. Which of the following is the team’s constraint?
designed to appeal to kids
made out of recycled materials
cost less than $20 to produce
Afiyah presented an idea for recycling empty milk cartons to her principal. If she followed the engineering design process, what was the first step in developing her idea?
communicating the results of her research
identifying the specific problem
creating a prototype
