AMAZON Engineering Economic Decisions

In general, it is suggested that your Report may be organized into the following sections:

Cover page
Title page – clear indication of topic, your name, course, purpose, date (approx.), etc.
Contents page – your work must be paginated
Abstract/Summary – give a brief summary of your work including major achievements
1. Introduction – clear introduction of the subject of your work
2. Background/Literature Review – some information about previous work on the subject
3. Assignment Questions – clearly set out the tasks undertaken in your assignment (using headings)
3.1 Clearly outline the role of the engineers in the project.
-Create and design (engineering projects)
-Analyze (Production Methods, Engineering Safety, Environmental Impacts, Market Assessment
– Evaluate (Expected Profitability, Timing of Cash Flows, Degree of Financial Risk)
– Evaluate (Impact on Financial Statements, Firm’s Market Value, Stock Price)
3.2 Describe specifically the engineering economic decisions involved in the project.
(Planning, Investment, Manufacturing, Marketing, Profit)
3.3 What were the difficulties encountered in the engineering economic decisions associated with the project?
(Estimating a required investment, forecasting a product demand, estimating a selling price, estimating a manufacturing cost and Estimating a product life)
3.4 What strategic engineering economic decisions were associated with the project?
(Equipment or process selection, Equipment replacement decisions, new products and product expansion, Cost reduction, Improvement in service or quality)
3.5 Discuss the applicability of the fundamental principles of engineering economics in the project.
3.5.1 Principle 1: A dollar earned today is worth more than a dollar earned in the future
3.5.2 Principle 2: The only thing that matters is the difference between alternatives
3.5.3 Principle 3: Marginal revenue must exceed marginal cost
3.5.4 Principle 4: Additional risk is not taken without the expected additional return

3.6 What was the budget and how was it decided?
3.7 Clearly identify and discuss how the factors of time and uncertainty were accounted for in the project. (Time and uncertainty)

4. Results – clearly outline any notable achievements
5. Discussion – clearly explain the importance/significance of your work
6. Conclusion(s) – clearly outline what lessons can be learned from the work undertaken
7. Recommendation(s) – suggest any possible area(s) for further improvement and/or study
8. References/Bibliography – clearly outline the source(s) of information of your work (using the Harvard referencing system/style)
9. Appendix – attach appendix