Engineering Economics of Life Cycle Cost Analysis [Paperback]

This book offers a systems and life cycle or total ownership cost perspective. It presents advanced costing techniques such as simulation-based costing, decision analysis, complex systems costing, software, big data, and cloud computing estimation. Examples and problems demonstrate these techniques with real-world applications.

Dr. John V. Farr is a Professor Emeritus of Engineering Management at the United States Military Academy at West Point and currently an adjunct faculty member at the University of Central Florida and the School of Business at Clarkson University. From 2010 until his retirement from West Point in 2017 he was a Professor and the Founding Director of the Center for Nation Reconstruction and Capacity Development. From 2007 to 2010 he was a Professor of Systems Engineering and Engineering Management and Associate Dean for Academics in the School of Systems and Enterprises at Stevens Institute of Technology. He was the Founding Director of the Department of Systems Engineering and Engineering Management at Stevens from 2000 to 2007. Before coming to Stevens in 2000, Dr. Farr was a Professor of Engineering Management at the United States Military Academy at West Point where he was the first permanent civilian professor in engineering and Director of their Engineering Management Program. Dr. Farr is a former past president and Fellow of the American Society for Engineering Management (ASEM) and a Fellow of the American Society of Civil Engineers (ASCE). He is a former editor of the Journal of Management in Engineering and the founder of the Engineering Management Practice Periodical. He has authored or edited over 200 technical publications which includes five books, seven book chapters, and over 90-refereed publications mainly on cost analysis, infrastructure, engineering education, engineering management, and systems engineering. Dr. Farr earned his undergraduate degree from Mississippi State University and Masters and PhlC-