Rash, Riley, Reed, and Rogers Consulting has a contract to design a major highway project that will provide service from Memphis to Tunica, Mississippi. R* has been requested to provide an estimated B/C ratio for the project. Relevant data are: Initial cost Right of way maintenance Resurfacing (every 8 years) Shoulder grading and re-work (every 6 years) $20,750,000 550,000 10% of first cost 750,000 Average number of road users per year Average time savings value per road user 2,950,000 $2 Determine the B/C ratio if i= 8%.
Rash, Riley, Reed, and Rogers Consulting has a contract to design a major highway project that will provide service from Memphis to Tunica, Mississippi. R* has been requested to provide an estimated B/C ratio for the project. Relevant data are: Initial cost Right of way maintenance Resurfacing (every 8 years) Shoulder grading and re-work (every 6 years) $20,750,000 550,000 10% of first cost 750,000 Average number of road users per year Average time savings value per road user 2,950,000 $2 Determine the B/C ratio if i= 8%.
Traffic and Highway Engineering
5th Edition
ISBN:9781305156241
Author:Garber, Nicholas J.
Publisher:Garber, Nicholas J.
Chapter13: Evaluating Transportation Alternatives
Section: Chapter Questions
Problem 22P
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![Rash, Riley, Reed, and Rogers Consulting has a contract to design a major highway project that
will provide service from Memphis to Tunica, Mississippi. R* has been requested to provide an
estimated B/C ratio for the project. Relevant data are:
Initial cost
Right of way maintenance
Resurfacing (every 8 years)
Shoulder grading and re-work (every 6 years)
$20,750,000
550,000
10% of first cost
750,000
Average number of road users per year
Average time savings value per road user
2,950,000
$2
Determine the B/C ratio if i= 8%.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F317965b6-c879-4141-a85c-aa865d1cb88c%2F16b0272c-e742-447e-be1f-c9e8d59af431%2Foc089ov_processed.png&w=3840&q=75)
Transcribed Image Text:Rash, Riley, Reed, and Rogers Consulting has a contract to design a major highway project that
will provide service from Memphis to Tunica, Mississippi. R* has been requested to provide an
estimated B/C ratio for the project. Relevant data are:
Initial cost
Right of way maintenance
Resurfacing (every 8 years)
Shoulder grading and re-work (every 6 years)
$20,750,000
550,000
10% of first cost
750,000
Average number of road users per year
Average time savings value per road user
2,950,000
$2
Determine the B/C ratio if i= 8%.
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