Engineering Economy
Engineering Economy
16th Edition
ISBN: 9780133582819
Author: Sullivan
Publisher: DGTL BNCOM
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Chapter 11, Problem 31FE
To determine

Calculate the average number of vehicle.

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An engineering firm recently conducted a study to determine its benefit and cost structure (total cost). The results of the study are as follows: The total benefit from producing q units is TB(q): 15,000q-15q2 so that its marginal benefit is %3D MB(q): = 15,000-30q and the total cost of producing q units is TC (q) = 687,500 + 10q2 so that its marginal cost is MC (q) = 20q 1. Find the level of output q' that yields the maximum profit. 2. Find the maximum profit Tt" achieved by the firm at the output level q".
An engineering student has only 45 minutes before the final exam in her Engineering Economy class. She needs help in understanding cost-effectiveness analysis because she knows from the instructor’s review session that a CEA problem will be on the exam. There is time for using only one method of assistance before the exam; she must select well. In a rapid process of estimation, she determines how many minutes it would take for each method of assistance and how many points it might gain for her on the final. The method and estimates follow. Where should she seek help to be most effective? Assistance from Minutes for Assistance Points Gained Teaching assistant (TA) 15 20 Slides on web 20 10 Friend in class 10 5 Instructor 20 15
The marginal damage cost equation for carbon monoxide (CO) in urban areas is: MDCU = 36E; The marginal damage cost equation for CO in rural areas is:  MDCR = 6E.The marginal abatement cost equation for CO is:  MAC = 400 - 4E What is the total compliance cost under this scheme?
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