As one of the requirements of this class, you are to complete a project evaluating the desirability of a "venture"through the use of rate of return analysis.The venture must have both costs and benefits directly associated with it that can be estimated or forecast. The goal of this assignment is to provide you with experience in the application of these analysis techniques using "real world" data.

The following guidelines should be used in accomplishing the project:

1. Identify a "real-world" economic problem that can be addressed using rate of return analysis.

Problems can be drawn from work experience, a literature review (newspapers,

magazines, professional journals) or life experience. You may consult the instructor as to the appropriateness of a topic.

2. Collect pertinent data and information involved with the problem

3. Analysis

Analyze the data and draw any conclusions from the analysis.

Written Report

Write a short report (3 or more pages) on the project and your findings.

Introduction :Describe the selected problem and cite the origination of or motivation for solving this problem.

Analysis: Provide the data you used in solving the problem and include a description of all of the engineering economic tools and concepts employed. Remember to describe any assumptions you needed to make.

c. Discussion: Discuss your analysis.

Conclusions: draw conclusions from the analysis.

Include graphs, diagrams, and tables where applicable.

f. Include references for any published infonnation, websites,etc.utilized.

Grading:

The project will be graded based on the analysis techniques utilized, their accuracy, .the complexity of the project, the creative use of analysis tools, and the project report fonnat and detail.

Example of possible rate of return projects:

30 Printer Outsourcing

Small Business Development

Bowling Shoe Rental

Hot Dog/Food Cart

Bike Rental

Jet Ski Rental

Engineering Consulting Work

Ski Rental

"Flipping" a House

Advertising

Graduate Education

Textbook Rental