Basics Of Engineering Economy
2nd Edition
ISBN: 9780073376356
Author: Leland Blank, Anthony Tarquin
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Question
Chapter 4, Problem 4P
a:
To determine
Dependent project.
b:
To determine
Available options.
Expert Solution & Answer
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Students have asked these similar questions
a) Write the mathematical equation for
each of these methods (PW, FW, AW,).
b) Explain what is the difference between
methods (PW, FW, AW,).
C) Explain the benefit of using these
methods (PW, FW, AW,) in evaluating
projects.
SITUATION3: Under the data collected from the office of Department of
Transportation and DPWH over the last 5 years indicate that for each
fatality, there are 40 non-fatal injury accidents ($1500 present cost
each) and 300 property damage accidents ($2000 present cost each).
What is the breakeven value of statistical Me (VSL) needed to
justify a highway project if i is 8%? The death rate on a particular
three-lane road is 8 per 100 million vehicle-miles. Adding a lane
would reduce this to 5 per million, and other accidents would cost
$1.5M per mile to build, and annual maintenance would be 3% of the
first cost. Assume that the lane would last 40 years. The road carries
10000 vehicle per day. Use reduction factor of 3/8 for all accidents.
(Non-CE students no need to answer this item).
Provide a dissemination process to ensure stakeholders are informed and committed to the plan.? (This should also include a clear outline of the dissemination process that will be used to ensure that stakeholders are informed of the plan and how commitment will be generated)
Chapter 4 Solutions
Basics Of Engineering Economy
Ch. 4 - State two conditions under which the do-nothing...Ch. 4 - Prob. 2PCh. 4 - Prob. 3PCh. 4 - Prob. 4PCh. 4 - Prob. 5PCh. 4 - Prob. 6PCh. 4 - Prob. 7PCh. 4 - Prob. 8PCh. 4 - Prob. 9PCh. 4 - The costs associated with manufacturing a...
Ch. 4 - Prob. 11PCh. 4 - Prob. 12PCh. 4 - Prob. 13PCh. 4 - Prob. 14PCh. 4 - Prob. 15PCh. 4 - Prob. 16PCh. 4 - Prob. 17PCh. 4 - Prob. 18PCh. 4 - Prob. 19PCh. 4 - Prob. 20PCh. 4 - Prob. 21PCh. 4 - Prob. 22PCh. 4 - Prob. 23PCh. 4 - Prob. 24PCh. 4 - Prob. 25PCh. 4 - Prob. 26PCh. 4 - Prob. 27PCh. 4 - Prob. 28PCh. 4 - Prob. 29PCh. 4 - Prob. 30PCh. 4 - Prob. 31PCh. 4 - Two mutually exclusive projects have the estimated...Ch. 4 - Prob. 33PCh. 4 - Prob. 34PCh. 4 - Prob. 35PCh. 4 - Prob. 36PCh. 4 - Prob. 37PCh. 4 - The manager of engineering at the 900-megawatt...Ch. 4 - Prob. 39PCh. 4 - Prob. 40PCh. 4 - Prob. 41PCh. 4 - Three different plans were presented to the GAO by...Ch. 4 - The U.S. Army received two proposals for a turnkey...Ch. 4 - Prob. 44PCh. 4 - Prob. 45PCh. 4 - Prob. 46PCh. 4 - Prob. 47PCh. 4 - Prob. 48PCh. 4 - Prob. 49PCh. 4 - Prob. 50PCh. 4 - Prob. 51PCh. 4 - Prob. 52PCh. 4 - Prob. 53PCh. 4 - Prob. 54PCh. 4 - Prob. 55PCh. 4 - Prob. 56PCh. 4 - Prob. 57PCh. 4 - Prob. 58PCh. 4 - Prob. 59PCh. 4 - Prob. 60PCh. 4 - Prob. 61PCh. 4 - Prob. 62PCh. 4 - Prob. 63APQCh. 4 - Prob. 64APQCh. 4 - Prob. 65APQCh. 4 - Prob. 66APQCh. 4 - Prob. 67APQCh. 4 - Prob. 68APQCh. 4 - Prob. 69APQCh. 4 - Prob. 70APQCh. 4 - Prob. 71APQ
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Similar questions
- Discuss in detail Why would the minimum acceptable rate of return vary from project to project?arrow_forwardPlease answer number 3.Engineering Economicsarrow_forwardLet PW(A) be the present worth of investment alternative A, PW(B) be the present worth of investment alternative B, B/C(A) be the benefit-cost ratio for investment alternative A, and B/C(B) be the benefitcost ratio for investment alternative B. If PW(A) > PW(B) > $0, which of the following answers is correct? a) B/C(A) > B/C(B); b) B/C(A) > B/C(B) > 1.0; c) B/C(A) > 1.0 and B/C(B) > 1.0; d) insufficient information available to answerarrow_forward
- A manufacturing company plans to expand their production and logistics facility into one of the countries listed in the following table. The cost of building such facilities in each country differ based on the state of its economic and political climate. Three cost estimates were made per country in million dollars. What is the best decision alternative using MAXIMAX CRITERION and its cost? Economic/Political Climate Country Decline Same | Improve South Korea 21.7 19.1 15.2 China 19.0 18.5 17.6 Taiwan 19.2 17.1 14.9 Philippines 22.5 16.8 13.8 Мexico 25.0 21.2 12.5arrow_forwardDuring the Post-WWII "Baby Loom" from 1946-1970, US GDP grew by an annualized per year; in annualized percentage terms this is most likely the largest 25-year period of economic growth ever. O (a) 2.3% O (b) 3.2% O (c) 6.7% O (d) 7.6% O (e) 9.2%arrow_forwardDescribe the Fundamental Principles in Engineering Economics?arrow_forward
- ) If P(B) = 1, P(AUB) = and P(A/B) = 3, then which of the following statements is true? A) P(A) = } B) P(ANB) = 2 C) P(BA) = } D) A and B are not independent.arrow_forwardThe following bar chart shows the activities to complete a project in six months (each cell represents one month). A Y100 B¥ 30 DY80 GY 70 J ¥ 200 L Y 20 C¥40 EY 20 H ¥30 K ¥ 60 F Y 50 After 2 months, Activities A, B, half of C, and half of D were completed, for a cost of ¥200. For this point in time (two months after the start date), using earned value concepts determine the schedule variance and cost variance. State if the project is over or under budget and if it is ahead or behind schedule.arrow_forward1. Use the first four steps of the decision-making process to generally describe the alternatives and identify what economic-related estimates you will need to complete an engineering economy analysis for the president. 2. Identify any noneconomic factors and criteria to be considered in making the alternative selection. 3. During your inquiries about alternative B from its manufacturer, you learn that this company has already produced a prototype molding machine and has sold it to a company in Germany for $3 million (U.S.dollars). Upon inquiry, you further discover that the German company already has unused capacity on the equipment for manufacturing plastic shells.The company is willing to sell time on the equipment to Innovations immediately to produce its own shells for U.S.delivery. This could allow immediate market entry into the United States.Consider this as alternative C,and develop the estimates necessary to evaluate C at the same time as alternatives A and B.arrow_forward
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