Engineering Economy (17th Edition)
17th Edition
ISBN: 9780134870069
Author: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Videos
Textbook Question
Chapter 2, Problem 45P
A hot water leak in one of the faucets of your apartment can be very wasteful. A continuous leak of one quart per hour (a “slow” leak) at 155°F causes a loss of 1.75 million Btu per year. Suppose your water is heated with electricity.
- a. How many pounds of coat delivered to your electric utility does this leak equate to if one pound of coal contains 12,000 Btu and the boiler combustion process and water distribution system have an overall efficiency of 30%?
- b. If a pound of coat produces 1.83 pounds of CO2 during the combustion process, how much extra carbon dioxide does the leaky faucet produce in a year?
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
An electric power distributor charges residential customers $0.10 perkilowatt-hour (kWh). The company advertises that “green power” is available in 150 kWh blocks for an additional $4 per month. (Green power is generated from solar, wind power, and methane sources). Solve, a. If a certain customer uses an average of 400 kWh per month and commits to one monthly 150 kWh block of green power, what is her annual power bill? b. What is the average cost per kWh with green power during the year? c. Why does green power cost more than conventional power?
A diesel refinery is upstream of an industrial farm. The runoff from the refinery pollutes the river and damages the crops. The farm earns $499 using the polluted water, but would earn $628 if it were clean. The refinery earns
$1772 but would only earn $1607 if it had to divert resources to prevent the runoff. There are no environmental laws. Assume that a scrubbing machine that would prevent the runoff costs $24 plus an installation cost. What
is the most that installation could cost for clean water to be the socially optimal outcome achieved through private bargaining?
O a. $141.00
O b. $36.00
O c. Anything, the machine is not required as clean water will already be achieved.
O d. $105.00
O e. $165
PLEASE ANSWER NUMBER 5 AND 6. BES 221-ENGINEERING ECONOMICS: PLEASE GIVE DETAILED SOLUTIONS AND CORRECT ANSWERS. I WILL REPORT TO BARTLEBY THOSE TUTORS WHO WILL GIVE INCORRECT ANSWERS.
Chapter 2 Solutions
Engineering Economy (17th Edition)
Ch. 2 - An experimental composite engine block for an...Ch. 2 - Given below is a numbered list of cost terms. For...Ch. 2 - Prob. 3PCh. 2 - Prob. 4PCh. 2 - Prob. 5PCh. 2 - Prob. 6PCh. 2 - Prob. 7PCh. 2 - Prob. 8PCh. 2 - Prob. 9PCh. 2 - Prob. 10P
Ch. 2 - Prob. 11PCh. 2 - Prob. 12PCh. 2 - Prob. 13PCh. 2 - Prob. 14PCh. 2 - Prob. 15PCh. 2 - Prob. 16PCh. 2 - Prob. 17PCh. 2 - Prob. 18PCh. 2 - Prob. 19PCh. 2 - Prob. 20PCh. 2 - Prob. 21PCh. 2 - Prob. 22PCh. 2 - Prob. 23PCh. 2 - Prob. 24PCh. 2 - Prob. 25PCh. 2 - Prob. 26PCh. 2 - Suppose you are going on a long trip to your...Ch. 2 - Prob. 28PCh. 2 - Prob. 29PCh. 2 - A company uses a variable speed honing machine to...Ch. 2 - Prob. 31PCh. 2 - An automobile dealership offers to fill the four...Ch. 2 - Prob. 33PCh. 2 - Prob. 34PCh. 2 - Prob. 35PCh. 2 - Prob. 36PCh. 2 - Prob. 37PCh. 2 - Prob. 38PCh. 2 - Prob. 39PCh. 2 - Prob. 40PCh. 2 - Prob. 41PCh. 2 - Prob. 42PCh. 2 - Prob. 43PCh. 2 - Prob. 44PCh. 2 - A hot water leak in one of the faucets of your...Ch. 2 - Prob. 46PCh. 2 - Prob. 47PCh. 2 - Prob. 48SECh. 2 - Prob. 49SECh. 2 - Prob. 50CSCh. 2 - Prob. 51CSCh. 2 - What is the optimal number of units that should be...Ch. 2 - Prob. 53FECh. 2 - Prob. 54FECh. 2 - Prob. 55FECh. 2 - Prob. 56FECh. 2 - Prob. 57FECh. 2 - Prob. 58FE
Additional Business Textbook Solutions
Find more solutions based on key concepts
A case study in this chapter discusses the federal minimum-wage law. a. Suppose the minimum wage is above the e...
Principles of Economics, 7th Edition (MindTap Course List)
Explain how to derive a total expenditures (TE) curve.
Macroeconomics
(Studying Economics) According to the text, economics majors on average make more money than most other majors ...
Econ Micro (book Only)
Assume the United States is an importer of televisions and there are no trade restrictions. US consumers buy 1 ...
Principles of Microeconomics (MindTap Course List)
Determine the price elasticity of demand if, in response to an increase in price of 10 percent, quantity demand...
Microeconomics
Drought cuts the quantity of wheat grown by 2 percent. If the price elasticity of demand for wheat is 0.5, by h...
Foundations of Economics (8th Edition)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Similar questions
- 5. In an FEA simulation, you did a mesh independence study. The results were compared with an experimental test and errors were plotted in Figure 7. a) Is the mesh with 8000 elements fine enough, and why? b) Is there another error source in the simulation and what type of errors could it be? Page 3 of 6 ENGG20071 Industrial Design & Product Case Studies Errors 60% 50% 40% 30% 20% 10% 0% 500 1000 2000 4000 8000 Figure 7 Errors plot against number of elementsarrow_forwardAir pollution in the country of Gawanza has grown over the last ten years with an increase in manufacturing industries. The government of Gawanza now has a plan to reduce the CO2 emissions into the air by 10% per year over the next 10 years. What do you expect will happen?arrow_forward3arrow_forward
- SBC company has demand for 1,000 pumps each year. The cost of a pump is $50, it costs $40 to place an order with their supplier, and the cost of holding the item in inventory for a year is 25% of the unit cost. The supplier just Informed the SBC that. If pumps are ordered in quantities of 200 units or more that they will receive a 3% discount, How many pumps should SBC order from their supplier each time they place an order to minimize its expected iotal annual cost for this Item?arrow_forwardA company produces and sells a consumer product and is able to control the demand for the product by varying the selling price. The approximate relationship between price and demand is p= 200-0.05D where p is the price per unit in dollars and D is the demand per month. The company is seeking to maximize its profit. The fixed cost is $15000 per month and the variable cost is $50 per unit. a. What is the number of units that should be produced and sold each month to maximize profit? b. What is the domain of profitable demand during a month? Show your spreadsheet.arrow_forwardPLEASE PLEASE HELP ME THANKSSarrow_forward
- The manufacturer of Brand A automobile tires claims that its tire can save 120 gallons of fuel over 54,000 miles of driving, as compared to a popular competitor (Brand B). If gasoline costs $4.00 per gallon, how much per mile driven does this tire save the customer (Brand A versus Brand B)? The savings are $ per mile. (Round to three decimal places.)arrow_forwardYour friend Claire has been designing her own hoodies and giving them as gifts to friends and family. She has decided to sell them online soon by using a 3rd party website with a service surcharge based on her pricing. Using the information below, please choose the graph that shows the relationship between CLaire's selling price per hoodie and profit margin? Costs ($) Base Hoodie Cost $30 Craft Supplies to Design $10 Selling Website Service Charge 5%arrow_forwardMustang Mobile charges $15 for each tetrabyte of data used on its smartphone plans. Use this information to create a table showing the charges for data based on the number of tetrabytes used.arrow_forward
- 1arrow_forwardQuestion 5 Pizzaggio, where everyone lives along Via Cantonale, is 5 miles long. There are 2000 people uniformly spread along Via Cantonale, and every day they each buy a Pizza from one of the two stores located at either and of the street. Customers ride their motor scooters to and from the store. Travelling the whole town once back and forth costs a customer 10 CHF. Customers buy their Pizza from the store offering at the lowest cost, which is the store's price plus the customer's travel expenses getting to and from the store. Customers' valuation of a Pizza is 30 CHF. Ben owns the store at the west and of Via Cantonale and Will owns the store at the east end of Via Cantonale. The marginal cost of a Pizza is constant and equal to c₁ = 6 CHF for Ben and equal to c₂ = 3 CHF for Will. In addition, each of them incurs a fixed cost of 2500 CHF per day. a) Suppose that Ben and Wil compete in prices and set prices simultaneously (i.e. assume Bertrand competition). What prices will Ben and…arrow_forward1.11: Answer A and B questionsarrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Managerial Economics: A Problem Solving ApproachEconomicsISBN:9781337106665Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike ShorPublisher:Cengage Learning
Managerial Economics: Applications, Strategies an...EconomicsISBN:9781305506381Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. HarrisPublisher:Cengage Learning
Managerial Economics: A Problem Solving Approach
Economics
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Cengage Learning
Managerial Economics: Applications, Strategies an...
Economics
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:Cengage Learning
Difference between Renewable and Nonrenewable Resources; Author: MooMooMath and Science;https://www.youtube.com/watch?v=PLBK1ux5b7U;License: Standard Youtube License