Engineering economy involves formulating, estimating, and evaluating the expected economic outcomes of alternatives designed to accomplish a defined purpose. Use information and backgrounds available on chapter 1 from the textbook to perform an engineering economy study on a case study of your selection, i.e. apply the general seven steps for decision-making processes. It could be a real case for yourself or for somebody that you know. It’s could be a an advice that you give to friend,  Or new bossiness idea proposal  On the other hand, could be an alternative solution for an existing problem that business facing dilemmas and you propose solution.   Use an approximate to real figure on your proposal.   using (SafeAssign), maximum 20% similarity if fine, and otherwise marks deducted.  Word count for scenario and evaluation; between 400 to 600 words .

1. Engineering economy involves formulating, estimating, and
evaluating the expected economic outcomes of alternatives
designed to accomplish a defined purpose.
Use information and backgrounds available on chapter 1 from
the textbook to perform an engineering economy study on a case
study of your selection, i.e. apply the general seven steps for
decision-making processes.
It could be a real case for yourself or for somebody that you
know.
It’s could be a an advice that you give to friend,
Or new bossiness idea proposal
On the other hand, could be an alternative solution for an
existing problem that business facing dilemmas and you propose
solution.
Use an approximate to real figure on your proposal.
using (SafeAssign), maximum 20% similarity if fine, and
otherwise marks deducted.
Word count for scenario and evaluation; between 400 to 600
words