Skip to Main Content
ASM Handbook

Corrosion: Fundamentals, Testing, and Protection

Edited by
Stephen D. Cramer
Stephen D. Cramer
Search for other works by this author on:
Bernard S. Covino, Jr.
Bernard S. Covino, Jr.
Search for other works by this author on:
ASM International
Volume
13A
ISBN electronic:
978-1-62708-182-5
Publication date:
2003
Book Chapter

Corrosion Economic Calculations

Published:
2003
Page range:
940 - 945
Publication history
December 01, 2003

Abstract

This article provides a discussion on the principles and terminology of engineering economy and their application to a number of generic corrosion-related problems. It describes the methods of economic analysis that lead to single measure numbers. The article explains the application of the present worth method. Some of the most common methods of depreciation are provided. The article presents the generalized equations that will simplify the solution of a large percentage of engineering economy problems. It also discusses the calculation of the present worth and service life of each material.

You do not currently have access to this content.
Don't already have an account? Register

2003. "Corrosion Economic Calculations", Corrosion: Fundamentals, Testing, and Protection, Stephen D. Cramer, Bernard S. Covino, Jr.

Download citation file:


×
Close Modal
This Feature Is Available To Subscribers Only

Sign In or Create an Account

Close Modal
Close Modal