3.080 | Fall 2005 | Undergraduate

Economic & Environmental Issues in Materials Selection

Lecture Notes

1 Introduction (PDF)  
Engineering Economics
2 Introduction, Time Value of Money, Single Payment Discounting (PDF)  
3 Value, Multi-payment Discounting, Non-uniform Cash Flows (PDF)  
4 Effective Interest Rates (PDF)

Evaluating Alternatives, MARR, PW, AW, IRR

5 Uncertainty  
6 Comparing Alternatives (PDF)  
7 Dealing with Changing Prices (PDF)  
8 Combining Concepts (PDF) Class Examples (XLS)
9 Presentations and Review  
10 Exam 1  
Materials Selection
11 Concepts of Materials Indices, Software Introduction (Guest lecturer: Jeremy Gregory) (PDF - 1.5 MB)  
12 Material and Shape Selection (Guest lecturer: Jeremy Gregory) (PDF)  
13 Process Selection, In-class Examples (Guest lecturer: Jeremy Gregory) (PDF)  
14 Presentations and Review  
Cost Modeling
15 Using Cost Models: Concepts and Principles (PDF)  
16 Tackling Variable Costs (PDF) Pizza Model (XLS)
17 Modeling Fixed Costs (PDF) Pizza Model (XLS)
18 Presentations and Review  
19 Exam 2  
LCA (Life Cycle Assessment)
20 Introduction: What is the Cost of Materials Usage? (PDF)  
21 An Overview of Life Cycle Assessment (PDF)  
22 Analysis Goal and Scope; Inventory Methods (PDF)  
23 Impact Assessment (PDF)  
24 Presentations and Wrap-up  

Course Info

As Taught In
Fall 2005
Learning Resource Types
Problem Sets
Lecture Notes
Written Assignments with Examples