Jacobs, P.J.Mkhatshwa, C.P.University of Pretoria. Faculty of Engineering, Built Environment and Information Technology. Dept. of Industrial and Systems Engineering2012-01-272012-01-2720112011http://hdl.handle.net/2263/17908Thesis (B Eng. (Industrial and Systems Engineering))--University of Pretoria, 2011.Excel spreadsheet modelling and sensitivity analysis was used to decide under what conditions should equipment used in a project be leased or purchased.59 pagesPDFenCopyright: University of PretoriaMini-dissertations (Industrial and Systems Engineering)Inflation rateInterest ratePayback periodProject lifeSensitivity analysisThe decision to lease or purchase equipment from an engineering economics perspectiveText