Cost Analysis for Engineers and Scientists

This textbook covers how to apply managerial accounting techniques to problems in areas such as cost estimation, cost control, product pricing, and business segment discontinuation. It also discusses how to assess and evaluate cost and profitability analysis of financial projects.

FariborzTayyari is a professor of Industrial & Manufacturing Engineering & Technology at Bradley University. He holds a bachelor’s degree in Cost Accounting, Masters of Business Administrations (MBA), Masters of Science in Industrial Engineering (MSIE) and PhD in Industrial Engineering. He has been teaching Engineering Economy, Engineering Costs Analysis and Operations Research for more than 35 years. He also served a major technical and construction company as chief accountant and as a budget officer during his military service. He received a certification as a Professional Engineer (PE) from the state of Texas, a certified Professional Ergonomist (CPE) and as a Certified Safety Professional (CSP). He has published book chapters on topics such as Total Cost Analysis of Modern Automated Systems, and Joint Cost Allocation.