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Created by:
Last updated:
November 30, 2022
Duration:
Unlimited Duration
FREE
This course includes:
Unlimited Duration
Badge on Completion
Certificate of completion
Unlimited Duration
Description
Choice of material has implications throughout the life-cycle of a product, influencing many aspects of economic and environmental performance.
This course will provide a survey of methods for evaluating those implications. Lectures will cover topics in material choice concepts, fundamentals of engineering economics, manufacturing economics modeling methods, and life-cycle environmental evaluation.
Course Curriculum
- Introduction Unlimited
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- Introduction, Time Value of Money, Single Payment Discounting Unlimited
- Value, Multi-payment Discounting, Non-uniform Cash Flows Unlimited
- Effective Interest Rates Unlimited
- Comparing Alternatives Unlimited
- Dealing with Changing Prices Unlimited
- Combining Concepts Unlimited
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- Concepts of Materials Indices, Software Introduction (Guest lecturer: Jeremy Gregory) Unlimited
- Material and Shape Selection Unlimited
- Process Selection, In-class Examples Unlimited
- Using Cost Models: Concepts and Principles Unlimited
- Tackling Variable Costs Unlimited
- Modeling Fixed Costs Unlimited
About the instructor
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Instructor Rating
1
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1520
Courses
1916
Students
Massachusetts Institute of Technology
