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INSTITUTE OF SPACE TECHNOLOGY
DEPARTMENT OF MECHANICAL ENGINEERING
400423 Engineering Economics & Optimization
Session: Fall 2021 Assessment:Assignment-1 Prepared by: Dr. Usama Qazi
Max Marks: 10 Assign Date: 19-10-2021 Due/Submission Date: 28-10-2021
Question # 1: [CLO-3; PLO-12; Q Marks-10]
Identify a problem/ operation/ issue in your surrounding and develop an optimized solution in
context of enhancing the efficiency/productivity.

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Assignment#1

  • 1. INSTITUTE OF SPACE TECHNOLOGY DEPARTMENT OF MECHANICAL ENGINEERING 400423 Engineering Economics & Optimization Session: Fall 2021 Assessment:Assignment-1 Prepared by: Dr. Usama Qazi Max Marks: 10 Assign Date: 19-10-2021 Due/Submission Date: 28-10-2021 Question # 1: [CLO-3; PLO-12; Q Marks-10] Identify a problem/ operation/ issue in your surrounding and develop an optimized solution in context of enhancing the efficiency/productivity.