Section outline

  • i

    Chapter Objectives : 

      1. To teach the students about the Inflation
      2. They also learn about the Time value of money (TVM).
      3. Learn about Depreciation and different types of Costs.
      4. Also, learn about 'make or buy' and Cost-Benefit Analysis (CBA)

    Chapter Outcomes :

    After completing this chapter Students are,

      1. Able to discuss Inflation the time value of money.
      2. Calculate the depreciation of a specific machine. 
      3. Able to Identify different types of costs, and calculate break-even quantity.
      4. Able to decide on whether to buy or make parts/components of a product.
      5. Able to analyze the cost and benefits of a project.