creation Department expects to develop the spa es into basketball, handball, miniature golf, ar ates are: initial cost of $190,000, life of 20 ye s of $21,000. The department expects 20,000 pe cilities an average of 2 hours each. The value of t nservatively set at $1.00 per hour. At a discount r he B/C ratio for the project?
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- The sheriff of Los Lunas county along the Arizona- Mexico border asked the county to build a new minimum security detention facility for personscaught while attempting to enter the United States illegally. The construction cost will be $22 million, with annual operating costs of $2.1 million. The new facility will create jobs that produce benefits for many local businesses including realtors, restaurants, etc. The benefits are estimated to be $5 million in years 1 and 2, $2.8 million in year 3, and $1.12 million per year beginning in year 4 and continuing through the 30-year life of the facility. At a discount rate of 8% per year, does the conventional B/C ratio indicate that the project is economically justified?An estimated 6 billion gallons of clean drinking water disappear each day across the United States due to aging, leaky pipes, and water mains before it gets to the consumer or industrial user. The American Society of Civil Engineers (ASCE) has teamed with municipalities, counties, and several excavation companies to develop robots that can travel through mains, detect leaks, and repair many of them immediately. Four proposals have been received for funding. There is a $100 million ($100 M) limit on capital funding and the MARR is established at 12% per year. (a) Use the IROR to rank and determine which of the four independent projects should be funded. (Solve by hand or spreadsheet as instructed.) (b) Determine the rate of return for the projects selected in part (a). (c) Determine the overall rate of return for the projects selected in part (a), assuming that excess funds are invested at the MARR. Is the overall return economically acceptable? First Estimated Annual Project Project…Some of the formal evaluation techniques used by engineers is Economic analysis. Such analyses attempt to compare the public benefits from such projects with the costs of providing them. Economic studies may be used to (give three uses):
- A PAM partner company won a tender to provide clean water distribution facilities in an area that is being developed as a tourist area. There are 2 alternatives that can be taken in implementing the project. The first alternative requires construction and installation costs of IDR 10 million per kilometer with maintenance costs of IDR 0.35 million per kilometer per year. The remaining value is estimated at IDR 1 million per kilometer at the end of the 20th year. The second alternative requires construction and installation costs of IDR 7 million per kilometer with maintenance costs of IDR 0.40 million per kilometer per year. The remaining value is estimated at IDR 1.2 million per kilometer at the end of the 20th year. If the company chooses the first alternative, the length of the pipe that must be installed is 10 kilometers, and if the second alternative the length of the cable is 16 kilometers. Determine which alternative is more efficient using MARR = 11%!Two remediation options are being considered for a contaminated land area formerly used for industrial operations. Option 1 involves removing all of the contaminated soil over a two-year period at a cost of 2.2 million per year. Option 2 is to leave the soil in place but treat it with a bioremediation agent at a cost of 960,000/year over a three-year period. Subsequently, the soil would be sampled each for the next five years to ensure the effectiveness of the treatment system. The cost of the sampling program would be 250,000 the first year and 100,000/year for the remaining years.Draw a cash flow diagram for each of the two options.Calculate the net present value of each option based on discount rate of 6 percent/year.Which option has the lowest overall cost? What is the difference in the total cost between the two options based on NPV? Give your answer both in dollars and as a percentage difference.The city of Brandberry has planned to reduce the arsenic in its water by 1 part per billion each year over the next 7 years. What do you expect will happen? Group of answer choices The cost and benefits to Brandberry will be lowest in the last few years of implementing this plan. The cost and benefits to Brandberry will be highest in the last few years of implementing this plan. The cost will be the highest and benefits the lowest in year seven.
- Recent development near Eugene, Oregon, has identified a need for improved access to Interstate 5 at one location. Civil engineers and public planners are considering three alternative access plans. Benefits are estimated for the public in general; disbenefits primarily affect some local proprietors who will see traffic pattern changes as undesirable. Costs are monetary for construction and upkeep, and savings are a reduction in cost of those operations today that will not be necessary in the future. All figures are relative to the present situation, retention of which is still an alternative, and are annualized over the 20-year planning horizon. Solve, a. What is the B/C ratio for each of these alternatives? b. Using incremental B/C ratio analysis, which alternative should be selected? c. Determine the value of B − C for each alternative.Authentic Serai Halia is a catering firm that serves variety of authentic traditional Malaysian cuisine. Wasimuddin AW and Saprang J, the restaurant owners want to expand their successful operations to caterfoods for some major events in a neighboring town. After investigating their market segment, they have narrowed their choices to two proposals. First proposal is to project a capacity of 10 events per month.This would result in a cost of RM2,500 a month plus a cost of RM250 per event. Another proposal would have a capacity of 20 events per month, a cost of RM3,200 per month, and a cost of RM190 per event. The firm would charge RM480 for each event. Determine: (a) The break-even volume for each proposal.(b) The profit (or loss) would each proposal produce if monthly demand is 12 events.(c) If monthly demand is 25 events, which proposal would yield the greater profit?Indicate true (T) or False (F) _______Results of economic analysis is always the same regardless of which economic evaluation criterion (such as B/C ratio, IRR, etc.) is used. _______Two transportation services are substitutes if their cross elasticities are positive. _______Travel time costs are mainly dependent on the vertical and horizontal alignments. _______User benefits are achieved from an investment option if it reduces total user costs. _______Traffic mobility improvements will always cut back vehicle emissions.
- Which is the most efficient analysis method we can use for determining project acceptability on an economic basis?A government-funded wind-based electric power generation company in the southern part of the country has developed the following estimates (in $1000) for a new turbine farm. The MARR is 10% per year and the project life is 25 years. Benefits: $45,000 in year 0; $30,000 in year 5 Government savings: $2,000 in years 1 through 20 Cost: $50,000 in year 0 Disbenefits: $3000 in years 1 through 10 What is the conventional B/C ratioThe citizen-based Capital Improvement Projects (CIP) Committee for the city of Dundee has recommended a $25 million bond issue for the purchase of greenbelt/floodplain land to preserve low-lying green areas and wildlife habitat. Developers oppose the proposal due to the reduction of available land for commercial development. The city engineer and economic development director have made preliminary estimates for some obvious areas over a projected 15-year planning horizon. The inaccuracy of these estimates is made very clear in a report to the Dundee City Council. The estimates are not yet classified as costs, benefits, or disbenefits.