IME 403 - Cal Poly Pomona

CALIFORNIA STATE POLYTECHNIC UNIVERSITY, POMONA
IME 403
COURSE OUTLINE
Course Information
Department: College of Engineering
Course Number: IME 403
Course Title: Asset Allocation in Technical
Decision Making
Revision Date: 10/10
Revised by: K. Abedini
Compliant: Catalog 2009/10
I.
ABET Unit Classification (4 Quarter Units)
Math: 2
Basic Science:
Engineering Topics: 2
Contains significant design content: (No)
Other:
Curriculum Designation: Required
Catalog Description
IME 403 Asset Allocation in Technical Decision Making 4 lectures/problem solving
Economic theory of capital allocation decisions. Current and relevant views of managerial economics used
to present a unified theory of capital allocation appropriate to private, public and governmental entities.
Integrated application of economic and operations analysis to managerial problem-solving and decisionmaking processes. Study of inflation and tax consequences on economic decisions. Available as an
Interdisciplinary Synthesis course in GE Areas B and D. Open to all majors.
II.
Prerequisites and Corequisites
Completion of Area A and relevant subareas of the Cal Poly Pomona General Education Program for all
areas being integrated by this course or equivalent.
III.
Textbook and/or other Required Material
Newnan, D.G.;,Et. Al; Engineering Economic Analysis for Engineering and Management, Oxford
Engineering Press, 9th edition
IV.
Course Objectives
After completing this course the student will have a thorough understanding of:
1. Basic capital project evaluation techniques
2. Interest and related equivalency methodology
3. Deterministic estimating techniques
4. Consideration of the effect of income taxes
5. Analyses for public organization
6. Capital planning and budgeting
V. Expanded Course Description
1. Introduction: Financial & Cost Accounting
2. Managerial Decision Making
3. Cost Concepts
4. Time Value of Money
5. Discounted Cash Flow Calculations
6.Present Worth Comparisons
7. Annual Worth Comparison
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8. Rate of Return
9. Structural Analysis of Alternatives
10.Analysis of Public Projects
11. Depreciation Methods
12. Tax Consequences
13. Replacement Analysis
IME 403
VI.Class/Laboratory Schedule
4 sessions per week: 50-minute lectures and problem discussions.
VII.
Contribution of Course to Professional Component
This course prepares the engineer for those situations in his professional career in which he is involved in
making or recommending a course of action in the acquisition of capital assets.
VIII.
Evaluation of Students
The instructor evaluates outcomes using the following methods:
• Homework assignment submittals
• Examinations
• Research paper
The student grades are typically based on the following factors:
quizzes, homework, midterm exams, research paper, final Exam
IX.
Relationship of Course to Program Outcomes
Program Outcomes (*)
Introduction
Knowledge
Skills
Application/Ability
Course
Objective
Apply Knowledge
X
Prof. Ethics
X
Ident/Solve Probs
X
Communications
Use skills/tools
X
Contemp. Issues
Business Skills
X
* Reference: IME Department Assessment Grid & Rubric
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X
X
X
IME 403