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Members are involved in economic and investment analysis. The key concern of these industrial engineers is to improve productivity and quality through public and private sector decision making about the economic feasibility and justification of investments in technological innovations. Members receive Engineering Economy Solutions, a periodic electronic newsletter containing information on important new cost reduction techniques. As of October 2013 the division has 3,408 members, including 2,295 students and 1,113 professionals.
ISERC 2014, May 31 – June 3, Montreal, CanadaEngineering Economy Track will cover the breadth and depth of various Engineering Economy disciplines. The track invites papers and abstracts in the general areas of productivity and quality improvement through decision making regarding the economic feasibility and justification of investments. Topics may include investment analysis, technology innovation, financial engineering, lifecycle cost analysis and management, engineering economy education, and prices and portfolios. If you are interested in organizing an invited session, please contact track chairs Mingzhou Jin or Guiping Hu. The best paper will be awarded during the conference. Submission site
IIE Annual Conference and Expo 2014Applied Solutions SessionsPalais des Congrés de Montréal, Montréal, CanadaMay 31 - June 3, 2014
Track: Engineering EconomyDeadline for Abstract Submission is Friday, Nov. 22. Abstracts are required to be between 100 and 200 words.Abstract submission site: https://www.xcdsystem.com/iie2014/Conference website: www.iienet.org/annual
The Engineering Economy Division of the Institute of Industrial Engineers (IIE) is sponsoring the Engineering Economy Track at the Applied Solutions sessions of the IIE Annual Conference. Applied Solutions sessions present proven solutions from applying industrial and systems engineering principles within industry, healthcare or service companies. Submissions must include an abstract, a description, and three to five presentation objectives.
We encourage you to contribute to the conference by submitting an abstract. Authors of accepted abstracts will be invited to present their work. Each talk will be 35 or 75 minutes. Click here for more information.
This referred journal includes articles, case studies, surveys, book and software reviews, and reader comments that represent current research, practice, and teaching involving capital investment. It is published quarterly by a joint partnership of the Engineering Economy Divisions of the American Society of Engineering Education and the Institute of Industrial Engineers.
PresidentGillian Nicholls, University of Alabama in Huntsville
Immediate Past President Natalie Scala, Towson University
Program Chair Mingzhou Jin, University of Tennessee
Communications DirectorMAJ Isaac J. Faber, United States Military Academy
Board Members M. Affan Badar, Indiana State University Steve Hsueh Ming Wang, University of Alaska Anchorage
Wellington Award Committee ChairLeland Blank, Professor Emeritus, Texas A&M University; currently in United Arab Emirates at American University of Sharjah
Wellington Award Committee MemberJoseph Hartman, University of Massachusetts Lowell
2013 Best Paper AwardCongratulations to Dr. Chin Hon Tan and Guanghua Han of National University of Singapore and Dr. Joseph Hartman of University of Massachusetts Lowell on their receipt of the 2013 Best Paper Award in Engineering Economy for "Expected Profit Under Maximin and Minimax Rules."
2013 Wellington Award
Dr. Jane Fraser, chair of the engineering department at Colorado State University Pueblo the recipient of the 2013 Wellington Award. The Wellington Award, given at the IIE Annual Conference & Expo, recognizes outstanding contributions in the field of engineering economy. The award is named after Arthur M. Wellington, author of The Economic Theory of Railroad Location, in 1887. Click here for more information about the Wellington Award.
To nominate a candidate for the 2014 award, please send an electronic letter of nomination to Dr. Leland Blank by Feb. 1, 2014.
Call for Applied Solution Track TalksThe division is seeking the talk for the Applied Solutions Engineering Economy track at IIE Annual Conference & Expo 2014. Talks in this track are intended to be longer than research presentations and focused on application. Please contact Mingzhou Jin or Guiping Hu (contact info above) for nomination.
The abstract deadline is Nov. 22.
Fall 2013 – Spring 2014Do you have a paper, topic, or idea that you want to socialize? Do you want to showcase techniques in the classroom or novel approaches to research? If so then a webinar on behalf of the EE division might be for you. This is a great opportunity to reach out to the entire IIE membership with important topics and interesting presentations.
This past year the division held three webinars on risk in economic choices and had an average signup of 100 participants. Volunteers are welcome for various division activities. Please contact Gillian Nicholls to express your interest.
Fall 2013 – Spring 2014We are looking for one or more undergraduate or graduate students to get involved with the division. We have a very large student population and want to be able to connect with them better. In particular we could use some help with social networking! If you are a LinkedIn or Facebook pro then let us know. This is a great opportunity to expand your own network and build your CV.
The ASEE is offering an opportunity to recognize great EE teachers! The award consists of a $10,000 honorarium, an inscribed plaque, and a $1,000 stipend to assist the award recipient in travel costs to attend the ASEE Annual Conference where the award will be presented. For more information, visit the Teaching Excellence Award webpage.
If you are not a current member of the division, please join us! We are an active group with a dedicated leadership board and welcome your input. For more information, visit our website or log in here to join the division!
Volunteers are welcome for various division activities. Please contact Natalie Scala to express your interest.
The updated division bylaws were approved by the Engineering Economy Professional members on April 26, 2011. To view the division bylaws, click here.
Volunteer leadership is the heart of IIE and its technical divisions.