Economic & Environmental Issues in Materials Selection

Calendar

LEC #	TOPICS	KEY DATES
1	Introduction
Engineering Economics
2	Introduction, Time Value of Money, Single Payment Discounting
3	Value, Multi-payment Discounting, Non-uniform Cash Flows
4	Effective Interest Rates Evaluating Alternatives, MARR, PW, AW, IRR	Homework EE1 due
5	Uncertainty
6	Comparing Alternatives
7	Dealing with Changing Prices
8	Combining Concepts	Homework EE2 due
9	Presentations and Review	EE project due
10	Exam 1	Homework EE3 due
Materials Selection
11	Concepts of Materials Indices, Software Introduction (Guest lecturer: Jeremy Gregory)
12	Material and Shape Selection (Guest lecturer: Jeremy Gregory)
13	Process Selection, In-class Examples (Guest lecturer: Jeremy Gregory)	Homework MS1 due
14	Presentations and Review	MS project due
Cost Modeling
15	Using Cost Models: Concepts and Principles
16	Tackling Variable Costs
17	Modeling Fixed Costs
18	Presentations and Review	Homework CM1 due CM project due
19	Exam 2
LCA (Life Cycle Assessment)
20	Introduction: What is the Cost of Materials Usage?
21	An Overview of Life Cycle Assessment
22	Analysis Goal and Scope; Inventory Methods	Homework LC1 due
23	Impact Assessment
24	Presentations and Wrap-up	LCA project due