Engineering Economics
What is defines as the analysis and evaluation of the monetary consequences by using the theories and principles of economics to engineering applications, designs and projects?

Engineering cost analysis
Engineering economy
Design cost analysis
Economic Analysis

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Engineering Economics
A telephone switchboard 100 pair cable can be made up with either enameled wire or tinned wire. There will be 400 soldered connections. The cost of soldering a connection on the enameled wire will be P 1.65 on the tinned wire, it will be P 1.15. A 100- pair cable made up with enameled wire cost P 0.55 per linear foot and those made up of tinned wire cost P 0.75 per linear foot. Determine the length of cable run in feet so that the cost of each installation would be the same.

1,040 feet
1,120 feet
1,000 feet
1,100 feet

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Engineering Economics
A construction estimate is used

To judge tentatively or approximate value of the project
To produce a statement of the approximate cost
None of these
To decide an approximation of the value of the project and not the exact cost

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