Ch.

4
Methods of Economic Selection
 The objective of this chapter is to compare between alternatives
(proposals) to choose the most economical one.
 We have two methods:
1. Equivalent Uniform Annual Cost method (EUAC)
2. Present Worth Method (PW)
1. Equivalent Uniform Annual Cost method (EUAC):
 Then select the least from EUAC)I and EUAC)II
2. Present Worth Method (PW):
Thank You