Abstract
Present engineering management principles, operations research techniques, and economic theories were mainly developed dealing with only one scarce resource -- capital. Today, the engineer manager must consider another scarce resource -- energy. In the past, energy was never considered a major factor; i.e., equipment was considered a good investment if labor was reduced, regardless of energy cost. Many other managerial decisions are similar; therefore, the engineer manager must understand why many decisions based on traditional techniques may be misleading. The engineer manager must now utilize more complex engineering management techniques instead of evaluating only one factor or using rules of thumb.
Recommended Citation
Amos, John, "Managing in an Energy Scarce Environment" (1980). UMR-MEC Conference on Energy / UMR-DNR Conference on Energy. 217, pp. 73-77.
https://scholarsmine.mst.edu/umr-mec/217
Meeting Name
7th Annual UMR-MEC Conference on Energy (1980: Oct. 14-16, Rolla, MO)
Department(s)
Engineering Management and Systems Engineering
Document Type
Article - Conference proceedings
Session
Management I
Document Version
Final Version
File Type
text
Language(s)
English
Rights
© 1980 University of Missouri--Rolla, All rights reserved.
Publication Date
16 Oct 1980
Included in
Energy Policy Commons, Oil, Gas, and Energy Commons, Operations Research, Systems Engineering and Industrial Engineering Commons
