Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
17th Edition
ISBN: 9780134870069
Author: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher: PEARSON
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Chapter 2, Problem 29P

a.

To determine

Derive an expression for λ.

b.

To determine

Whether part a equation correspond to a minimum or maximum value of C.

c.

To determine

The trade-off made in the given problem.

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