Announcements from Professor Jensen

Last updated 12/18/2002

Welcome to the web page for ME353 for the fall semester of 2002. I will modify these pages frequently to allow you to study the course material presented in class, review homework and exam keys and obtain other class related information. Watch this page for announcements.

• Final Grades: Grading is complete on the final exam. The average score was 80.3. Your grades have been delivered to the undergraduate office. They should be available on the web by the weekend. The key to the exam is in the display case outside my office. You may pick up your exam in ETC 5.128. The office is closed on Dec. 19. It will be open on Dec. 20 until 11:15 am. It will then be closed until Jan. 2, 2003. If you want to challenge the grading, please write a brief note and attach it to the front of the exam. Leave the exam and note in my mailbox.
• Final Exam: The final exam is on Saturday, Dec. 14, 9 - 12 noon. I have no power to change this, so please make plans to attend. The exam is in two different rooms. Students in 17240, 17245 and 17250 (Wed. Angela, Wed. Burak, Mon. John) go to Taylor 2.006. Students in 17255, 17260 and 17265 (Mon. Angela, Mon. Burak, Tues. John) go to ECJ 1.202. You may bring one 8.5 x 11 sheet of paper with formulas. Use both sides.
• Special Arrangements for Final Exam: If you are a student with an officially recognized disability that allows more time on the final exam, please make arrangements with the Dean of Students Office for a proctored final exam. I would prefer that the exam be taken on Dec. 14. Do this early enough so I can deliver the exams to the DSO.
• Lost regrades for Exam 1: Several students had exam 1 regraded and received extra points. Unfortunately, the regraded scores were lost. If you received extra points on exam 1, please show your exam to Dr. Jensen so you receive credit for the extra points.
• Exam 2: The average for Exam 2 was about 80. If you haven't picked up your graded exam it is with the secretary in ETC5.128. Exams turned in for regrading will be available when they are graded.
• Problem 2 on Exam 2: The grader was a little harsh when grading this problem. If you would like to have it regraded, return it to a TA or Dr. Jensen by Dec. 5. Put a note on the front of the exam that says you would like to have it regraded.
• Sample Final: The last week in the discussion sessions the TA's will use a sample final. They will have copies in the discussion sections and I will bring copies to the lecture. If you want to get an early start click here for a pdf version. Click here for a pdf version of the key for the sample final.
• Company Report: The company report is due on 12.5 (this is a change from 12/3). The report should include company financial reports, a plot of stock price during the semester. Ratios computed from the financial reports including: Current Ratio, Debt to Equity Ratio, Inventory Turnover and Price/Earnings. Click the Company Report link at the left for more discussion. The report should include a summary statement on your opinions regarding the company and how you feel about the value of an investment in the company's stock. Please prepare the report neatly. Click here to see a list of ratios prepared by the students. Not all are correct. Compare the average to your ratios.
• Homework 10: Homework 10 consists for three problems on the Bayes' Analysis handout given in class. Copies of that handout and a second one on Decision Analysis are available in my office. Click here for a pdf version of the problems. The homework is due on 12/3.
• 2nd Midterm Exam: The key is in the homework key folder. Requests for regrade should be written on a cover page and stapled to the exam. Leave the exam in Dr. Jensen's mailbox in ETC5.128. Regrade requests must be submitted on or before 12/3. The average of the exam was 78.
• Old Homeworks: Pick old homework papers from your TA or find them in a box that is in ETC 5.116.
• Sample Midterm 2: From 11/11/02 to 11/13/02 the discussion sessions will be reviewing materials for the next exam. They will use the sample exam for review. You can pick a hard copy of the sample exam during a discussion sessions or in class on Thurs., Nov. 14. If you want to get it earlier, download a pdf version by clicking here. Download the pdf of the key by clicking here.
• Homework 9: For this homework, use the problems in the workbook Do problems 1 through 3 on pages 172 and 173. Also do problems 1 through 7 on pages 180 through 183. On problem 7 compute the sensitivity by making variations of +/- 10% around the base case.
• Homework 8: The eighth homework is on replacement and is presented as a PDF document. Click here to display or download it.
• Homework 7: The seventh homework is on inflation and is presented as a PDF document. Click here to display or download it. This homework is due on Oct. 31.
• Homework 6: The sixth homework consists of problems from Chapter 7 in the textbook. The problems are: 10, 15, 12, 17, 24 and 25. This homework is due on Oct. 24.
• Exam Keys: The keys to the first exam are in the homework folder. If you have any complaint on how your exam was graded, staple a written statement of your concerns on the front of the exam and return it to Dr. Jensen or a TA on or before October 22. Dr. Jensen has a mailbox in ETC5.218. Fatenah, our secretary, has the exams that were not picked up in class. The exam average was 78.
• Homework 5: The fifth homework is on taxes and is presented as a PDF document. Click here to display or download it. This homework is due on Oct. 22. Note this date change.
• Discussion Sessions: The next sequence of discussion sessions starts on Oct.14.
• Keys: If have added keys for the first three homeworks and the sample exam. I will add the key for homework 4 later in the week. The keys are in the homework key folder.
• Sample Exam 1: The sample exam 1 is a PDF document. We will pass it out in discussion sections and in lecture during the week of 9/31. Click here if you want to get it early.
• Fourth Homework: The fourth homework is a PDF document. Click here to display or download it.
• 13% Table: Someone told me that the 13% table in our workbook was wrong. Click here to get a correct version. You can also use the tables in the textbook that have the same information.
• Report Ratios: On 9/19 I passed out a worksheet that you should use to compute financial ratios for your company. You are to turn in the report in your discussion section next week. If you missed class or want another copy, click here. I want you to identify the industry for your company on the worksheet. See Yahoo for a list of industries. The linked page provides a convenient list of ratios for various industries.
• Third Homework: The third homework is a PDF document. Click here to display or download it.
• Economics Add-in: I have developed an Excel add-in that can be used to solve the problems given in this class. I encourage you to use it, particularly for those problems that are computationally difficult. Click here to download a zip file of this add-in. Click here for instructions. I corrected an error in the compare multiple projects option on 9/19. If you want a version that works better, download this revised version.
• First Homework Key: The key to the first homework problems (both book and Jensen) is in the homework folder.
• Second Homework: The second homework is a PDF document. Click here to display or download it.
• First Homework: The first homework is a PDF document. Click here to display or download it.
• Discussion Sections: The first meetings will be on 9/9. The discussion sections use the Events referred to in the schedule. They are in the workbook, so bring the workbook to the discussion sections. You don't have to prepare for the discussion sections.
• Class Notebook: You must by an Engineering Economics Workbook. They are on sale at the Co-op. They were printed by the Custom Publishing division of the co-op. If they are all gone, tell the Co-op staff that they should print some more. Bring the workbooks to class and to the discussion section. I will be using the workbook on 9/3.
• Cover sheets for homework. Get a PDF file by pressing here. If you have trouble printing the pdf file, press here to see an html page. You should be able to print that. Print a few copies and have them available when you need them.
• First Homework will be due on 9/12. Problems will be assigned in class and via this web page.