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Engineering Valuation (Classic Reprint)

Engineering Valuation (Classic Reprint)

ISBN: 9780259029038
Publisher: Forgotten Books
Publication Date: 2017-03-29
Number of pages: 672
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Excerpt from Engineering Valuation

The goal toward which the authors have striven in writing Engineer ing Valuation has been to provide a comprehensive, reliable, and up - to - date treatise for practicing engineers, so arranged as to be suitable also for use as a college textbook. Its development has required sixteen years Of intensive work, during which five previous editions (mimeo graphed) have been published (the last Copyrighted in in each successive stage the manuscript has been tested thoroughly in actual class work for improvement wherever practicable. Since 1919, many court decisions in bitterly fought litigations have established and clarified fundamental valuation law. New researches have done much toward putting the mortality characteristics of industrial property on a sound scientific actuarial basis, corresponding to that Of human mortality in life insurance. Engineering valuation has become as essential in private industrial enterprises as in public utilities. Endeavor has been made to treat all these new subjects adequately and fairly.

Throughout the development Of the book use has been made of new material Obtained by continuous valuation research, carried on by the Iowa Engineering Experiment Station; Dr. Marston was director of the Station till 1932, Dean Agg since. The condition-percent tables herein, and the methods of using mortality curves as aids in forecasting the probable service lives Of industrial - property units, were developed in the course Of these researches. Other examples in this book Of valuation material believed by the authors to be new and unique include the methods for estimating and accounting for actual depreciation; the detailed analyses of 68 court decisions on valuation; the tables of approved or implied allowances ln valuation decisions for overhead costs, preliminary-expense value, going value, and working capital.

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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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