ME510 Summer 2010 -- Organization (Preliminary)

Learning Objectives

The course is delivered in two parts. 1) The first part of the course, delivered via an on-campus workshop, consists of a set of lectures and readings and the completion of a project and concentrates on optimization and the incorporation of risk in Engineering Economics analyses. The student will be evaluated on how well that material is learned through an individual project. In completing the project, the student is expected to use the topics covered in the course. 2) The second part, delivered on the Internet, consists of additional advanced topics on deterministic anaalysis and the incorporation of risk into Engineering Economic analysis.

Prerequisite:  STAT309 Engineering Statistics.  Co-requisite:  MECH410 Engineering Economy.  Those that have not had a course covering engineering economic principles should also register for MECH410 through Colorado State University's Distance Education program.


The summer 2010 mandatory MECH510 workshop will be held on Friday, Saturday and Sunday June 4th, 5th and 6th at Colorado State University. We will begin at 6:00pm on Friday and finish at 1:30 on Sunday. The workshop will be held in the Viking classroom, B205 Engineering.

Before coming to your initial workshop meeting you will need to have obtained an Engineering Network Services computer user number. The ENS account number will become active shortly after you establish it. You will also need a university student identification card with magnetic stripe. If you do not already have either one, you ought to be able to obtain them before 5:00 on Friday.


You are responsible for accessing MECH510 WebCT course at least once every day, including weekends, to see if there is anything new.


Prof. William Duff -- A112 Engineering Building.
E-mail -- Use course mail.  For non ME510 matters only, use


Required: Advanced Engineering Economics by Chan S. Park and Gunter P Sharp-Bette, John wiley & Sons, 1990, ISBN: 0-471-79989-0. Note that some early printings contain a few errors.


Required: LINDO (trial version), Acrobat and Minitab Professional. The Acrobat and Minitab programs may be purchased at much lower academic prices from Colorado State University's Software Cellar. Limited time trial packages are also offered by some venders.  There may also be freeware available, but you should be careful to insure that it is compatible with the required software.  A suitable trial version of LINDO may be obtained by downloading LINGO from the LINDO Website.  (LINDO is part of LINGO.)

Bulletin Board

I will use the RamCT bulletin board to communicate additional course matters to the entire class. Do not use the bulletin board to reply to me or for any other purpose

Course Mail

I will use course mail to communicate with you individually. You may use course mail to communicate with me or the other students.

Practice Exercises

Practice exercises will be available on the course web site in quiz form. There will be an Engineering Economics review exam and a practice exercises on using LINDO (easy to use Linear Programming software) that must be completed prior to your coming to the workshop. Look at the Course Contents to see if there is a practice exercise associated with the current topic. (The associated exercise or next practice exercise, depending on which is next, will not be available until you have completed the practice exercise.) The practice exercise will consist of variations of examples in the text and other problems relevant to the topic being studied. You will be provided with the correct answers when you submit the practice exercise.


The exercises are similar to the practice exercises and will also be available on the course WebCT in quiz form. There will be an Engineering Economics review exam and a practice exercises on using LINDO (easy to use Linear Programming software) that must be completed prior to your coming to the workshop. Look at the Course Contents to see if there is an exercise associated with the current topic. (The practice exercise for the next topic will not become available until you have completed the current exercise.) You will be provided with the correct answers when you submit the exercise.

Workshop Group Exercises/Projects

There will be a group exercise and a group project during the workshop based the material presented in the workshop. A problem will be provided and each group will use LINDO and/or Minitab to approach it. Each group will present its analysis to the rest of the class during the workshop. When you finish the exercise/project presentation, name the presentation files 05ME510WSExerciseGroupx.ppt or 05ME510WSProjectGroupx.ppt, where x is your group number, and then upload them to you group's folder.

Individual Projects

At the end of the workshop session you will be assigned a research problem to prepare and present on WebCT. The research problem will be drawn from the optimization and stochastic sections of the course. You should use LINDO and Minitab as your main analyses tools and other software as appropriate. The solution techniques that are used are used via the software must be clearly and completely explained. A single PowerPoint, Word or HTML file for your presentation is to be placed in your individual WebCT publishing area by the deadline. Let me know when you have done so by course mail. (This file must not contain material that unduly increases file size or moving backgrounds or other distracting material.) Your presentation will be made available to the class on WebCT for their critiquing. (In addition, a single pdf file that reproduces your presentation must be provided. This file will also be used for grading purposes.) Name your files following this pattern: PxME510Sum05.ppt, where x is your last name. Do not put any spaces in the file name and use capitalization as indicated. There is to be only one file for your presentation and one pdf file. If you revise a file that has already been placed in your group or individual area, tell me you have done so in a course mailing.

CSU Library Access Access to bibliographic databases and electronic full text of journal articles through the library will be available online.  Go to, select Databases, then use Title or Subject to find the databases you need.  You’ll be asked for your last name, university id and library PIN (which you set up).  For access to electronic journal articles simply use the E-Journals link, also located at If you have questions please contact Mike Culbertson at or 970-491-1874 or if Mike is not available you can use the library’s Ask a Librarian email service at


You will critique each of the other presentations. These critiques must address specifics of the presentations. Do not make general remarks such as "well organized" or "brought out important points". Say why it was well organized or what important points were discussed and why they were important. An associated quiz in which to place your critiques will be made available on WebCT. You will prepare the set of critiques within a week after the presentations become available and submit it on WebCT. You will have one try and a time limit, so do not access this quiz until you are ready to submit your critique.


There will be an open book and notes exam given when the Internet portion of the course is completed. The exam will cover the assigned course and text material. Do not access the exam until you are ready to take it. When you are finished, create a word or pdf file and course mail it to me as an attachment. The time you actually take on the exam will be calculated as the difference between when you submit it, less 20 minutes for assembling and course mailing it, and the time you accessed it. Submissions over the time limit will be penalized.


5% Practice Exercises
25% Exercises
30% Exam
10% Workshop Group Project and Presentation
25% Individual Project and Presentation
5% Critique