Indicate which of the Principles of Engineering Economy listed in the text best
ID: 1224171 • Letter: I
Question
Indicate which of the Principles of Engineering Economy listed in the text best applies to the situation given ( Please match)
Leave the situation as it is (do nothing)
Consider the impact of future events
Excluding identical outcomes for all alternatives from analysis
Long term financial interests of the owners
Deciding which site to increase generation on a public power project.
Principle 2: Focus on the difference
Principle 7: Revisit your decisions
Principle 1: Develop Alternatives
Principle 4: Use a common unit of measure
Principle 5: Consider all relevant criteria
Principle 3: Use a consistent viewpoint.
Principle 6: Make Risk and Uncertainty Explicit.
- a. b. c. d. e. f. g.Leave the situation as it is (do nothing)
- a. b. c. d. e. f. g.Consider the impact of future events
- a. b. c. d. e. f. g.Excluding identical outcomes for all alternatives from analysis
- a. b. c. d. e. f. g.Long term financial interests of the owners
- a. b. c. d. e. f. g.Deciding which site to increase generation on a public power project.
a.Principle 2: Focus on the difference
b.Principle 7: Revisit your decisions
c.Principle 1: Develop Alternatives
d.Principle 4: Use a common unit of measure
e.Principle 5: Consider all relevant criteria
f.Principle 3: Use a consistent viewpoint.
g.Principle 6: Make Risk and Uncertainty Explicit.
Explanation / Answer
i did not it
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