Discuss project that is due on
Week 12th
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Describe the purpose of this project (7.5 %)
Project background and abstract (7.5%)
List of assumptions (10%)
Reference material (5%)
Must have a challenger (Project A, Project B)(10%)
Annual cash flow calculations ( Chapter 6) (20%)
Choosing Best Alt. (Chapter 8 or chapter 9)(20%)
Uncertainty in future events (Chapter 10) (20%)
▪ Describe the purpose of this project (7.5 %)
▪ What is it that you want to solve, and why ?
▪ Project background and abstract (7.5%)
▪ Why is it an issue, to what extent ?
▪ List all of assumptions(10%)
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Salvage life
Interest rate
Method of calculation and why you choose this
Compounded (Annually, semi, quarterly….)
Plus …………….
▪ Reference material (5%)
▪ Web HTTP:
▪ Book:
▪ Lecture note
▪ Must have at least 1 or more challenger (Project A, Project B)(10%)
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Machine A or Machine B
Land A or Land B
Program A or Program B
Building A or Building B
▪ Annual cash flow calculations ( Chapter 6) (20%) Pick and define why
you choose the method.
▪ EUAW= EUAB-EUAC
▪ Equal life
▪ Common multiple
▪ Continuing Requirement
▪ Choosing Best Alt. (Chapter 8 or chapter 9)(20%) Pick and define why
you choose the method.
▪ Incremental Analysis
▪ Graphical solution
▪ Incremental challenger-defender
▪ Uncertainty in future events (Chapter 10) (20%)
▪ Economic Decision Tree two level decision Nodes: See pg, 345 figure 10-3, 12th
edition.
▪ Must address at least one of the following Ethics questions (10%)
▪ 1.Engineering in organization
▪ 2.Engineers and the environment
▪ 3.Engineering in a global context
Ethics
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Selected 3 of the 7 topics
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1)
2)
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6)
7)
Morality and ethics
Trust and reliability
Risk and liability in engineering
Engineering responsibility
Engineering in organization
Engineers and the environment
Engineering in a global context
Must be current , in the last 30 years.
Must be integrated into the project. It is worth 15% of
your grade.
EGME 401 : Team Project Grade
CNC Mill versus 3D printing
60
Describe the purpose of this project (5 %)
5%, was rather short, could have elaborated a little bit
more.
Project background and abstract (5%)
5%, background and abstract was rather short, it needs
more detail.
List of assumptions (5%)
4% your list of assumptions should at least contain the
quantities of equipment that is being purchased, price of
the equipment being evaluated, repair interval and
anything that will be used to assess the project. Also
should include the quantities being fabricated.
5%,
10 %, both project A and B, I did not see the quantities
that’s being fabricated, is it one or is it 10,000, this will
also drive the decision-making.
20%, again, not sure how you went about justifying 10
hours per week in labor when you don’t have the
quantities stated
20%, no real discussion on graphical method, you
should at least address at what interest rate should you
be buying the CNC mill.
15% What is your EV on graph should reflect the chance
node not the total. Also no discussion Additional no
nodes were pruned.
Reference material (5%)
Must have a challenger (Project A, Project B)(10%)
Annual cash flow calculations ( Chapter 6) (25%)
Choosing Best Alt. (Chapter 8 or chapter 9)(25%)
Uncertainty in future events (Chapter 10) (20%)
Total Score
Ethics score
[Type here]
84%
90%, good discussions on the environmental impact of
powder metallurgy as well as employee well-being.
EGME 401 : Team Project Grade
Investment analysis on internal combustion VS electric vehicle
Describe the purpose of this project (5 %)
5%, great job it’s clear and concise
Project background and abstract (5%)
3%, background and abstract almost is a repeat of the
purpose of this project
List of assumptions (5%)
4%, interest rate seems rather high at 8%. Also you
stated the Chevy Bolt has no salvage value, there should
be at least a salvage value for that vehicle.
Reference material (5%)
5%, reference material should always be in the back
section of the paper
Must have a challenger (Project A, Project B)(10%)
8%, you did not state if the lives are equal, or lives
different, or continuous infinity life.
Annual cash flow calculations ( Chapter 6) (25%)
18 %, the way that you have this thing set up is not
equivalent. You are accounting for a new vehicle in year
8 for 1 scenario and not the other.
Choosing Best Alt. (Chapter 8 or chapter 9)(25%)
18%, you show incremental analysis, but talked about it
in the conclusion. This should be discussed earlier with
different scenarios of cost ( insurance, fuel cost,
maintenance)
Uncertainty in future events (Chapter 10) (20%)
9%, no values on your economic decision tree as well as
any discussions, no pruning of branches.
Total Score
70 %
Ethics score
20%, you only have ¾ of a page, the minimum was 3
pages, a thorough discussion needs to be addressed.
[Type here]
EGME 401 : Team Project Grade
Car Comparison
Describe the purpose of this project (5 %)
5%, can a 21-year-old college student afford this
car?
Project background and abstract (5%)
5%, good project background and abstract in
defining the problem statement
List of assumptions (5%)
5%, great thorough list of assumptions these
assumptions will ultimately drive the decisionmaking.
Reference material (5%)
5% great job in reference material.
Must have a challenger (Project A, Project B)(10%)
10% three challenges Tesla model three, Chevrolet
volt, Audi A4. One of the very few papers that have
this great job.
Annual cash flow calculations ( Chapter 6) (25 %)
23%, multiple cash flows were addressed using
different scenarios good job although the interest
rate for car of 10% is pretty high.
Choosing Best Alt. (Chapter 8 or chapter 9)(25%)
23%, multiple scenarios were addressed for the
three vehicles. Great job
Uncertainty in future events (Chapter 10) (20%)
19%, I did not see the expected value for each node,
as well as the probability.
Total Score
95%, your conclusion was hidden next time address
it with a header stating that this is your conclusion.
Ethics score
100%, great discussion on environmental impact as
well as employer’s responsibility to be truthful and
reliable to what they are claiming.
[Type here]
EGME 401 : Team Project Grade
Computer set up comparison
Describe the purpose of this project (5 %)
5%, could elaborate a little bit more on the objective
Project background and abstract (5%)
5%,
List of assumptions (5%)
4%, since you are building the challenger computer,
what is the labor rate this should be factored into your
decision? Also repair downtime?
3,%, not enough research went into this paper
maintenance cost was not addressed, salvage values for
both car cannot be the same.
Reference material (5%)
Must have a challenger (Project A, Project B)(10%)
7 %, Paper did not vary anything what about repair,
downtime, and power consumption this should be
accounted for.
Annual cash flow calculations ( Chapter 6) (25%)
16, this is too simple of a cash flow you are missing
additional scenarios such as cost of the repair,
downtime, electrical usage, as well as routine
maintenance.
Choosing Best Alt. (Chapter 8 or chapter 9)(25%)
15%, not much effort was put a in to this assessment,
you should have at least varied the interest rate as well
as take into consideration other cost.
15%, not much thought went into uncertainty events ,
there was no decision node, as well as estimated value
(EV)
70%
Uncertainty in future events (Chapter 10) (20%)
Total Score
Ethics score
[Type here]
85%, your discussions was all over the map, next time
trying to state what you want to discuss early in the
discussion. I did like your discussions on moralities and
ethics it was thoroughly discussed.
EGME 401 : Team Project Grade
Design team computer analysis
Describe the purpose of this project (5 %)
5%, purpose of the project clearly was stated.
Project background and abstract (5%)
5%,
List of assumptions (5%)
5%, no one can argue with your assumptions when it is
backed by facts and cited in your reference material
great job!
Reference material (5%)
5%, well done was nicely documented that’s how it
should be done.
Must have a challenger (Project A, Project B)(10%)
10%, good job in doing the comparison, you compared
both manufacturers as well as laptop and desktop
version.
Annual cash flow calculations ( Chapter 6) (25%)
25%, nicely done, it was easy to follow your methods in
economic analysis.
Choosing Best Alt. (Chapter 8 or chapter 9)(25%)
25%, your incremental analysis with the graph was
outstanding.
Uncertainty in future events (Chapter 10) (20%)
20%, great job on EV calculation,
Total Score
100%
Ethics score
100% Great discussions on morality and ethics, in
regards to supplier code of conduct in China.
[Type here]
EGME 401 : Team Project Grade
Engineering majors analysis and decision
Describe the purpose of this project (5 %)
5%, great job in stating the purpose of the project.
Project background and abstract (5%)
4%, your abstract seems to contain part of a conclusion
with statements such as net worth and resulting
increase over the years. This should be left out
List of assumptions (5%)
5%, good list of assumptions.
Reference material (5%)
5%,
Must have a challenger (Project A, Project B)(10%)
10%, the team has three different scenarios.
Annual cash flow calculations (Chapter 6) (25%)
24%, nicely done cash flow, cash flow equation could
have been shortened somewhat but overall it is correct.
22%, you have an error in your decision the choice
should have been C. Your incremental C-B was greater
than 1, it was 21.8.
20%, nicely done, with good probability assessment of
income.
95%
95%, I like how the team related their personal
experience, and applied ABET accreditation as a means
of instilling trust, reliability, and integrity
Choosing Best Alt. (Chapter 8 or chapter 9)(25%)
Uncertainty in future events (Chapter 10) (20%)
Total Score
Ethics score
[Type here]
EGME 401 : Team Project Grade
On-Premises server Vs Cloud
Describe the purpose of this project (5 %)
5%,
Project background and abstract (5%)
5%,
List of assumptions (5%)
5%, great job in defending your assumptions with
explanations of assumptions. You’re the only group that
separated the two
Reference material (5%)
5%,
Must have a challenger (Project A, Project B)(10%)
10%,
Annual cash flow calculations ( Chapter 6) (25%)
18%, your annual cash flow calculation has an error.
EUAC is equivalent uniform annual cost, you have it
calculated as present worth for On-premise. It was hard
to assess, you should at least label the benefits and cost
on a separate table.
Choosing Best Alt. (Chapter 8 or chapter 9)(25%)
18%, cannot use depreciation as an equivalent uniform
annual benefit. Not sure what you are trying to do here.
Your $2280 value needs to be stated clearly on how you
got that value. Don’t let the reader guess on how you get
these values. ($360+$1920). On-premise would have
been lower because of EUAC calculation error.
Uncertainty in future events (Chapter 10) (20%)
20%, Nicely done,
Total Score
86%
Ethics score
80%, your ethics paper was more about the technology,
and not so much about how technology impacts the
moral, ethical issues, environmental reliability issues.
This needs to be discussed.
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EGME 401 : Team Project Grade
Pingo Solar VS LA solar group
Describe the purpose of this project (5 %)
4%, this should be stated up front not in the abstract
section.
Project background and abstract (5%)
5%,
List of assumptions (5%)
5%, good list of assumptions
Reference material (5%)
5%, work citing was thorough and current.
Must have a challenger (Project A, Project B)(10%)
10%, your situation contain a hidden third-party
challenger that is Edison. You used Edison as a baseline
Annual cash flow calculations ( Chapter 6) (25%)
16%, missing Cash flow diagram, you should show cash
flow for each year. Missing equations (P/A, A/F, …),
Missing equations as well.
Choosing Best Alt. (Chapter 8 or chapter 9)(25%)
17%, missing equations for NPW, and EUAC, don’t know
how you get these values.
Uncertainty in future events (Chapter 10) (20%)
18 % , your probability of sunlight does not match that
of weather condition table percent of days needed
Edison.
Total Score
80 %
Ethics score
95 %, great discussion on ethics, you’ve covered pretty
much all the bases in regards to engineering
responsibility.
[Type here]
EGME 401 : Team Project Grade
Economic analysis on property investment
Describe the purpose of this project (5 %)
5%, well written purpose statement with clear
objectives that is defined.
Project background and abstract (5%)
5%, well thought out, with good citations of the history
of flipping houses.
List of assumptions (5%)
4%, think there is an error with your assumption, you
stated 70% down? Also it would be beneficial if you
were to bullet point each assumption. Information in
your header project challengers could have been listed
in the assumption.
Reference material (5%)
5%, Your reference material is current and to date, this
is a must when doing these type of assessment for real
estate investment, great job.
Must have a challenger (Project A, Project B)(10%)
10%, you have a total of 3 scenarios with two variations
of each totaling six, great job. Keep the title of these
scenarios consistent through the paper, you have project
1, then scenario 1…
Annual cash flow calculations ( Chapter 6) (25%)
25%, well done on your cash flow for each of the six
scenarios.
Choosing Best Alt. (Chapter 8 or chapter 9)(25%)
25%, would’ve been nice to summarize all of the six
scenarios benefit to cost ratio and prune the negatives,
then do incremental analysis for the remaining
Uncertainty in future events (Chapter 10) (20%)
15%, I didn’t see expected value (EV) at property
condition node. The way that you have it laid out it is
difficult to assess.
Total Score
94 %
Ethics score
95 %, it is a hard subject to tie engineering
professionalism to, however the group did a great job in
translating engineering ethics into this paper.
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EGME 401 : Team Project Grade
Wristwatch material and fabrication analysis
Describe the purpose of rate irritated this project (5 %)
4%, cannot differentiate between your purpose and
background and abstract, they read almost identical to
each other.
Project background and abstract (5%)
4%, see above
List of assumptions (5%)
4%, you are missing fabrication cost of different
methods of manufacturing. This will drive your decision
making.
Reference material (5%)
5%,
Must have a challenger (Project A, Project B)(10%)
8%, not sure what you’re challenger really is it seems
like this whole paper was based upon engineering
materials rather than the economic analysis of
fabrication process.
Annual cash flow calculations ( Chapter 6) (25%)
16%, no cash flow diagram, your Future worth
calculation is off. At 3% interest per a year, for two years
can’t be worth an additional $350. N value and interest
value have error. EUMC also have error.
Choosing Best Alt. (Chapter 8 or chapter 9)(25%)
16%, No equations for NPW equations. No incremental
analysis, you could have at least discuss benefit to cost
ration for each of the material.
Uncertainty in future events (Chapter 10) (20%)
15%, I don’t see probability assessment, and expected
value assessment for each node. No equations to derive
cost as well.
Total Score
72%, overall it seems like this paper was from your
design class. Not much effort was put into this economic
analysis.
Ethics score
95%, great write up on your ethics portion, would be
nice if you can discuss how you would mitigate ethical
issues.
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