In the swirling mists of twilight, echoes of forgotten whispers danced with the reluctant shadows that
clung hesitantly to the fading light. Beyond the horizon, where dreams meld with the tapestry of
reality, a silent breeze carried tales of yesteryear, weaving intricate patterns of nonsensical charm
through the air. Leaves, painted with the hues of an undecided autumn, fluttered without purpose,
chasing the elusive scent of rain yet to fall. Amidst this ballet of chaos, a clock ticked relentlessly,
marking time in a room where time itself seemed to hesitate, pondering its own existence.
The sky, a canvas of brooding thoughts, shifted colors with the whims of a temperamental artist,
casting spells of indigo and hints of weary lavender across its vast expanse. Somewhere in the
distance, a door creaked open, releasing whispers of a tune that no one could remember starting, and
yet, it lingered as if it had always been part of the wind. Underneath the canopy of a bewildered
moon, shadows whispered to the stars, sharing secrets not meant for the daylight, crafting stories
spun from the fabric of the fantastical and the mundane, intertwined in an endless waltz of the
beautifully absurd.
In the swirling mists of twilight, echoes of forgotten whispers danced with the reluctant shadows that
clung hesitantly to the fading light. Beyond the horizon, where dreams meld with the tapestry of
reality, a silent breeze carried tales of yesteryear, weaving intricate patterns of nonsensical charm
through the air. Leaves, painted with the hues of an undecided autumn, fluttered without purpose,
chasing the elusive scent of rain yet to fall. Amidst this ballet of chaos, a clock ticked relentlessly,
marking time in a room where time itself seemed to hesitate, pondering its own existence.
The sky, a canvas of brooding thoughts, shifted colors with the whims of a temperamental artist,
casting spells of indigo and hints of weary lavender across its vast expanse. Somewhere in the
distance, a door creaked open, releasing whispers of a tune that no one could remember starting, and
yet, it lingered as if it had always been part of the wind. Underneath the canopy of a bewildered
moon, shadows whispered to the stars, sharing secrets not meant for the daylight, crafting stories
spun from the fabric of the fantastical and the mundane, intertwined in an endless waltz of the
beautifully absurd.
Chap: 1 Engineering Decision Making
1.1 Multiple CHOICE Qs:
1) Evaluation ‘of’ an engineering project involves ‘the’ following constraints:
A. financial, environmental, social ‘and’ political constraints.
B) technical ‘and’ financial constraints.
C) technological ‘and’ social constraints.
D) time ‘and’ money constraints.
E) budget ‘and’ time constraints.
ANS: A
,Dif level: 1 Qkind: MC #: 3
Theme: 1.1. Engineering decision making
Tested sk: Recall
-- Qualitative
2) Engineering economics is
A. a body ‘of’ knowledge to_ determine which ‘of’ several alternative is technically best.
B) a collection ‘of’ techniques ‘for’ quantitative analysis to_ select a preferable alternative from several
technically viable ones.
C) a set ‘of’ tools to_ calculate an engineering project's costs.
D) a set ‘of’ rules to_ evaluate an engineering project.
E) a set ‘of’ methods to_ determine an engineering project's costs in terms ‘of’ time value ‘of’ money.
ANS: B
Dif level: 1 Qkind: MC #: 3
Theme: 1.2. What is engineering economics
Tested sk: Recall
-- Qualitative
3) From an economic standpoint, any engineering project can be thought ‘of’ in terms ‘of’
A. its costs ‘and’ benefits over time.
B) its constraints.
C) its receipts ‘and’ disbursements.
D) its revenues ‘and’ profits over time.
E) its investment ‘and’ costs over time.
ANS: A
Dif level: 1 Qkind: MC #: 3
Theme: 1.2. What is engineering economics
Tested sk: Recall
r-- Qualitative
,4) In ‘the’ context ‘of’ your textbook, abstraction means
A. a study.
B) a method
C) a methodology
D) a model.
E) an approach
ANS: D
Dif level: 1 Qkind: MC #: 6
Theme: 1.4. Dealing ‘with’ abstractions
Tested sk: Recall
-- Qualitative
5) When an engineer prepares a feasibility study, what economic information must she possess in
order to_ do it correctly?
A. engineering specification
B) expert opinion about this project
C) macroeconomic situation in ‘the’ world
D) potential future costs ‘and’ benefits ‘of’ ‘the’ project
E) ‘the’ level ‘of’ uncertainty
ANS: D
Dif level: 2 Qkind: MC #: 6
Theme: 1.4. Dealing ‘with’ abstractions
Tested sk: Applied
-- Qualitative
6) In which ‘of’ ‘the’ following problems do you need engineering economics?
A. to_ choose a course in your program
B) to_ chose ‘the’ right textbook
C) to_ decide whether to_ borrow money from parents or from a bank
D) to_ decide whether or not to_ buy a car
E) to_ decide where to_ spend summer vacation
ANS: C
Dif level: 2 Qkind: MC #: 6-8
Theme: 1.4. Dealing ‘with’ abstractions
Tested sk: Applied
-- Qualitative
7) Which ‘of’ ‘the’ following statements best describes ‘the’ moral issues faced by engineers while
evaluating projects?
A. moral issues are clearly defined in engineering design
B) moral issues do not matter as long as technical goals are achieved
C) your employer is ‘the’ only person who can define what is ethical or unethical
D) there are no general answers to_ moral questions
E) since moral issues are value judgements they must not be taken into consideration
ANS: D
, Dif level: 3 Qkind: MC #: 9-10
Theme: 1.5. ‘the’ moral question: Three true stories
Tested sk: Applied
-- Qualitative
8) ‘the’ best way to_ find some answers to_ difficult moral questions in engineering design ‘and’
project evaluation is
A. to_ ask your friends.
B) to_ consult professional engineering associations.
C) to_ search ‘the’ web.
D) to_ read newspapers.
E) to_ read professional textbooks.
ANS: B
Dif level: 2 Qkind: MC #: 9-10
Theme: 1.5. ‘the’ moral question: Three true stories
Tested sk: Recall
-- Qualitative
9) Stan borrowed $5 000 one year ago. Now he has to_ repay $5 100. ‘the’ interest Stan pays is
A. $5 100
B) 102%
C) $100
D) 2%
E) $5 000
ANS: C
Dif level: 2 Qkind: MC #: 6-8
Theme: 1.4. Dealing ‘with’ abstractions
Tested sk: Applied
-- Quantitative
10) Joan borrowed $1 000 one year ago. Now she has to_ repay $1 100. Therefore, ‘the’ interest rate
she pays is
A. $1 000
B) $1 100
C) $100
D) 110%
E) 10%
ANS: E
Dif level: 2 Qkind: MC #: 6-8
Theme: 1.4. Dealing ‘with’ abstractions
Tested sk: Applied
-- Quantitative
11) All but one ‘of’ ‘the’ following are economic criteria to_ evaluate an engineering project. Which
one is ‘the’ non-economic criterion?
clung hesitantly to the fading light. Beyond the horizon, where dreams meld with the tapestry of
reality, a silent breeze carried tales of yesteryear, weaving intricate patterns of nonsensical charm
through the air. Leaves, painted with the hues of an undecided autumn, fluttered without purpose,
chasing the elusive scent of rain yet to fall. Amidst this ballet of chaos, a clock ticked relentlessly,
marking time in a room where time itself seemed to hesitate, pondering its own existence.
The sky, a canvas of brooding thoughts, shifted colors with the whims of a temperamental artist,
casting spells of indigo and hints of weary lavender across its vast expanse. Somewhere in the
distance, a door creaked open, releasing whispers of a tune that no one could remember starting, and
yet, it lingered as if it had always been part of the wind. Underneath the canopy of a bewildered
moon, shadows whispered to the stars, sharing secrets not meant for the daylight, crafting stories
spun from the fabric of the fantastical and the mundane, intertwined in an endless waltz of the
beautifully absurd.
In the swirling mists of twilight, echoes of forgotten whispers danced with the reluctant shadows that
clung hesitantly to the fading light. Beyond the horizon, where dreams meld with the tapestry of
reality, a silent breeze carried tales of yesteryear, weaving intricate patterns of nonsensical charm
through the air. Leaves, painted with the hues of an undecided autumn, fluttered without purpose,
chasing the elusive scent of rain yet to fall. Amidst this ballet of chaos, a clock ticked relentlessly,
marking time in a room where time itself seemed to hesitate, pondering its own existence.
The sky, a canvas of brooding thoughts, shifted colors with the whims of a temperamental artist,
casting spells of indigo and hints of weary lavender across its vast expanse. Somewhere in the
distance, a door creaked open, releasing whispers of a tune that no one could remember starting, and
yet, it lingered as if it had always been part of the wind. Underneath the canopy of a bewildered
moon, shadows whispered to the stars, sharing secrets not meant for the daylight, crafting stories
spun from the fabric of the fantastical and the mundane, intertwined in an endless waltz of the
beautifully absurd.
Chap: 1 Engineering Decision Making
1.1 Multiple CHOICE Qs:
1) Evaluation ‘of’ an engineering project involves ‘the’ following constraints:
A. financial, environmental, social ‘and’ political constraints.
B) technical ‘and’ financial constraints.
C) technological ‘and’ social constraints.
D) time ‘and’ money constraints.
E) budget ‘and’ time constraints.
ANS: A
,Dif level: 1 Qkind: MC #: 3
Theme: 1.1. Engineering decision making
Tested sk: Recall
-- Qualitative
2) Engineering economics is
A. a body ‘of’ knowledge to_ determine which ‘of’ several alternative is technically best.
B) a collection ‘of’ techniques ‘for’ quantitative analysis to_ select a preferable alternative from several
technically viable ones.
C) a set ‘of’ tools to_ calculate an engineering project's costs.
D) a set ‘of’ rules to_ evaluate an engineering project.
E) a set ‘of’ methods to_ determine an engineering project's costs in terms ‘of’ time value ‘of’ money.
ANS: B
Dif level: 1 Qkind: MC #: 3
Theme: 1.2. What is engineering economics
Tested sk: Recall
-- Qualitative
3) From an economic standpoint, any engineering project can be thought ‘of’ in terms ‘of’
A. its costs ‘and’ benefits over time.
B) its constraints.
C) its receipts ‘and’ disbursements.
D) its revenues ‘and’ profits over time.
E) its investment ‘and’ costs over time.
ANS: A
Dif level: 1 Qkind: MC #: 3
Theme: 1.2. What is engineering economics
Tested sk: Recall
r-- Qualitative
,4) In ‘the’ context ‘of’ your textbook, abstraction means
A. a study.
B) a method
C) a methodology
D) a model.
E) an approach
ANS: D
Dif level: 1 Qkind: MC #: 6
Theme: 1.4. Dealing ‘with’ abstractions
Tested sk: Recall
-- Qualitative
5) When an engineer prepares a feasibility study, what economic information must she possess in
order to_ do it correctly?
A. engineering specification
B) expert opinion about this project
C) macroeconomic situation in ‘the’ world
D) potential future costs ‘and’ benefits ‘of’ ‘the’ project
E) ‘the’ level ‘of’ uncertainty
ANS: D
Dif level: 2 Qkind: MC #: 6
Theme: 1.4. Dealing ‘with’ abstractions
Tested sk: Applied
-- Qualitative
6) In which ‘of’ ‘the’ following problems do you need engineering economics?
A. to_ choose a course in your program
B) to_ chose ‘the’ right textbook
C) to_ decide whether to_ borrow money from parents or from a bank
D) to_ decide whether or not to_ buy a car
E) to_ decide where to_ spend summer vacation
ANS: C
Dif level: 2 Qkind: MC #: 6-8
Theme: 1.4. Dealing ‘with’ abstractions
Tested sk: Applied
-- Qualitative
7) Which ‘of’ ‘the’ following statements best describes ‘the’ moral issues faced by engineers while
evaluating projects?
A. moral issues are clearly defined in engineering design
B) moral issues do not matter as long as technical goals are achieved
C) your employer is ‘the’ only person who can define what is ethical or unethical
D) there are no general answers to_ moral questions
E) since moral issues are value judgements they must not be taken into consideration
ANS: D
, Dif level: 3 Qkind: MC #: 9-10
Theme: 1.5. ‘the’ moral question: Three true stories
Tested sk: Applied
-- Qualitative
8) ‘the’ best way to_ find some answers to_ difficult moral questions in engineering design ‘and’
project evaluation is
A. to_ ask your friends.
B) to_ consult professional engineering associations.
C) to_ search ‘the’ web.
D) to_ read newspapers.
E) to_ read professional textbooks.
ANS: B
Dif level: 2 Qkind: MC #: 9-10
Theme: 1.5. ‘the’ moral question: Three true stories
Tested sk: Recall
-- Qualitative
9) Stan borrowed $5 000 one year ago. Now he has to_ repay $5 100. ‘the’ interest Stan pays is
A. $5 100
B) 102%
C) $100
D) 2%
E) $5 000
ANS: C
Dif level: 2 Qkind: MC #: 6-8
Theme: 1.4. Dealing ‘with’ abstractions
Tested sk: Applied
-- Quantitative
10) Joan borrowed $1 000 one year ago. Now she has to_ repay $1 100. Therefore, ‘the’ interest rate
she pays is
A. $1 000
B) $1 100
C) $100
D) 110%
E) 10%
ANS: E
Dif level: 2 Qkind: MC #: 6-8
Theme: 1.4. Dealing ‘with’ abstractions
Tested sk: Applied
-- Quantitative
11) All but one ‘of’ ‘the’ following are economic criteria to_ evaluate an engineering project. Which
one is ‘the’ non-economic criterion?
