KAn analysis of accidents in a rural state indicates that widening a highway from 30 ft to 40 ft will decrease the annualaccident rate from 1,270 to 660 per million vehicle-miles Calculate the average daily number of vehicles that shoulduse the highway to justify widening on the basis of the following estimates: (1) the average loss per accident is$1,000, (ii) the cost of widening is $107,000 per mile (iii) the useful life of the widened road is 25 years; (iv) annualmaintenance costs are 3% of the capital investment and (v) MARR is 12% per year.Click the icon to view the interest and annuity table for discrete compounding when the MARR is 12% per year.Choose the correct answer belowOA. The average daily number of vehicles is about 36 vehicles per dayOB. The average daily number of vehicles is about 61 vehicles per dayOC. The average daily number of vehicles is about 70 vehicles per dayOD. The average daily number of vehicles is about 43 vehicles per dayOE. The average daily number of vehicles is about 76 vehicles per day.Next

X = average number of vehicles per dayAW (12%) = 0X =-$117,000/mile (A/P,12%, 25) - {(0.03)…

Answered: An analysis of accidents in a rural…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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The demand values for the following 4 weeks for a company is as follows: 300, 200, 400, 430. The weekly regular time production capacity is 260 units. At each week up to 150 more units can be produced in over time with an additional cost of $40 over the regular time production costs. 15% of the produced units become scrap due to quality problems. There is an inventory cost of $12 per unit per quarter. 150 units are available at the beginning of week1 and the company wants to have at least 200 units at the end of week4. Formulate a linear programming model that can be used to minimize the total cost of meeting the next four weeks' demand.
A school is overcrowded and there are three options. The do-nothing alternative corresponds to continuing to use modular classrooms. The school can be expanded, or a new school can be built to "split the load" between the schools. User benefits come from improvements in school performance for the expanded or new schools. If a new school is built, there are more benefits because more students will be able to walk to school, the average distance for those who ride the school buses will be shorter, and the schools will be smaller and more "student friendly." The disbenefits for the expanded school are due to the impact of the construction process during the school year. The interest rate is 8%, and the life of each alternative is 20 years. Which alternative should be chosen? What is the incremental ratio for the preferred alternative? Alternative User benefits ($M/yr) User disbenefits ($M) First cost ($M) Operations and maintenance ($M/yr) (a) Use the benefit-cost ratio. (b) Use the…
Locations under consideration for a border patrol station have their costs estimated by the federal government. Use the B/C ratio method at an Interest rate of 9.00% per year to determine which location to select, if any. (Round the final answer to three decimal places.) Location Initial Cost, $ Annual Cost, $ per Year Disbenefits, $ per Year Life, Years The AB/C ratio is -928888.889 ✪ Select location. N North N 1,360,000 480,000 70,000 South S 2,900,000 400,000 45,000 0
The following data is provided for a PPP project. To the People To the Government Benefits $145,000 per year beginning now Cost $1.8 million now and $200,000 every 3 years Disbenefits $25,000 per year Savings $105,000 per year Calculate the conventional benefit/cost ratios using an interest rate of 9% per year and an infinite project period.
In computing the B/C ratio, is the annual revenue counted as benefits? Please compute the B/C ratio of MEA 5 and show your solution (not in excel). and explain MARR=12%
If benefits are $10,000 per year forever starting in year 1, and costs are $50,000 at time zero and $50,000 at the end of year 2, the B/C ratio at i = 10% per year is closest to: (a) 0.93 (b) 1.10 (c) 1.24 (d) 1.73
The federal government is considering three sites in the National Wildlife Preserve for mineral extraction. The cash flows (in millions) associated with each site are given below. Use the B/C method to determine which site, if any, is best, if the extraction period is limited to 5 years and the interest rate is 10% per year. Site A Initial cost, $ Annual cost, $/year Annual benefits, $/year Annual disbenefits, $/year 50 3 20 0.5 Site B 90 4 29 1.5 Site C 200 6 61 2.1
Davao International Airport has crafted estimates for the upgradıng of security systems. Will the upgrade be accepted? Determine the B/C ratio at an interest rate of 10% per year using the conventional Annual Worth method of the following: a. Benefits are reduced by disbenefits b. Costs are increased by disbenefits Cashflow Amount First costs $13,000,000 $3,800,000 $6,750,000 $400,000 Annual worth of benefits Future Worth of disbenefits Annual operating and Maintenance costs Life 20 years
Use the data below to answer the question below. Average daily demand Standard deviation of daily demend Average Lead Time Inventory holding cost Purchase Price Order Cost Stockout Cost Desired Service Level 325 cases per day 95 cases per day 2 days (constant) 20% of the item's value per year $50 per case $10 per order $35 per case 80% Assume the company operates 365 days per year What is the recommended economic order quantity (EOQ)?
Don't provied handwriting solution.
A consultant, after 3 months of work, reported that the modified B/C ratio for a city-owned hospital heliport project is 2. If the initial cost is $2.1 million and the annual benefits are $165,000, what is the amount of the annual M&O costs used in the calculation? The report stated that a discount rate of 5% per year and an estimated life of 40 years were used. The M&O cost is $
Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

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