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IIE Transactions. He and his graduate students contributed gratis their efforts in the annual publication
Engineering Economy Abstracts, which he originated. In 1974 he received the Iowa State University Faculty Citation; in 1981 he received the Outstanding Teacher Award from Iowa State's College of Engineering; in 1986 the Engineering Economy Division of the Institute for Industrial Engineers named him recipient of the Wellington Award for Outstanding Contributions in
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Professor; in 1969 he was the recipient of the Eugene L. Grant Award for best paper in The
Engineering Economist from the American Society for Engineering Education (ASEE). From 1970 to 1976 he served that journal as an associate editor for Book Reviews; he has also served on the editorial board of
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from Iowa State
University with a Bachelor of Science in 1952, Masters of Science in 1958, P.H.D. in 1961. His 1958 masters theses was entitled "The Obsolescence Allowance in Equipment Replacement Decisions" and his 1961 P.H.D. dissertation "Regulatory Policies on Liberalized Depreciation and Their
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in Murray Hill and
Holmdel, New Jersey; Virgin Islands Telephone Company in St. Thomas, USVI; Otter Tail Power Company in Fergus Falls, Minnesota, and Alberta Telephone in Edmonton, Alberta, Canada.
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Four editions of his textbook were published in 1968, 1973, 1979, and 1987. While writing his book, Smith worked in his home office next to a window overlooking the house next door where
22:(December 1, 1929 – August 5, 2017) was the American author of "Engineering Economy: Analysis of Capital Expenditures" (Iowa State Press) the textbook used by several generations of
71:(ASEE), including serving as chairman. In 1964 he was Iowa State's representative at the General Electric Professors conference; from 1968 to 1971 he was designated Iowa State's
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from 1937 to 1942. The second edition of his textbook "Engineering
Economy: Analysis of Capital Expenditures" is ideally suited as a first course in Engineering Economics.
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Systems engineers for two decades. He taught classes off-campus in Cedar Rapids, Waterloo and
Dubuque, Iowa, and to
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Crandall, Lee W. (1974). "Engineering
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Economy. He had consulting and industrial experience, and was a registered professional engineer.
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In addition to teaching at Iowa State, Smith taught engineering extension classes to
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He served in virtually all of the
Offices of the Engineering Economy Division of
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until his death and is survived by his wife
Phyllis and his son, photographer
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ISU Industrial
Engineering Department Turns 50 - Alums Share Memories (PDF)
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had lived while building the world's first electronic digital
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in his high school band at Sioux City Central High School.
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of Industrial and Manufacturing Systems Engineering at
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Engineering Economy: Analysis of Capital Expenditures
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160:. Sioux City Journal. 8 August 2017
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47:Effects Upon Public Utilities."
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144:10.1080/00137917408913060
132:The Engineering Economist
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225:People from Ames, Iowa
200:John Vincent Atanasoff
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24:Industrial Engineering
240:American male writers
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32:Iowa State University
220:American engineers
28:Emeritus Professor
158:"Gerald W. Smith"
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