With deregulation, utilities in the power sector face a much more urgent imperative to emphasize cost efficiencies as compared to the days of regulation. One major opportunity for cost savings is through reductions in spare parts inventory. Most utilities are accustomed to carrying large volumes...

"Fundamentals of Engineering Economics, 1st Edition provides streamlined topical coverage with a modern and pedagogically-rich presentation. This text features a tight integration of Excel along with a wealth of real world vignettes to reinforce how students will use economics in their future...