Pearson eText for Engineering Economy -- Instant Access (Pearson+)
17th Edition
ISBN: 9780137533138
Author: William Sullivan, Elin Wicks
Publisher: PEARSON+
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Chapter 14, Problem 7P
(a):
To determine
Conclusion based on dominance.
(b):
To determine
Conclusion based on satisficing.
(c):
To determine
Conclusion based on the disjunctive revolution.
(d):
To determine
Conclusion based on the lexicography.
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Please give a detailed solution with an explanation. Please double-check your sources and make sure the answer is 100% correct. Make sure ALL questions are answered too.Dropdown Option #1:264 or 4750 or 819480 or 15200640Dropdown Option #2:1285 or 57047 or 1666822 or 1716822 or 72006880Dropdown Option #3:4081 or 555827 or 1640868 or 1725868 or 235063200
Focus on the difference between feasible
alternatives Insulated concrete forms (1CF)
can be used as a substitute for conventional
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Heating and cooling bills will be about 50%
less than in a similar wood-framed building in
upstate New York. An ICF home will be
approximately 10% more expensive to
construct than a wood-framed home. For a
typical 2,300 ft^2 home costing $180 ft^2 to
construct in upstate New York and costing
$230 per month to heat and cool, how many
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ICF home to pay back its extra construction
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EXAMPLE 11-2
Two Alternative Breakeven Analysis: Hybrid Vehicles
Gas-electric (so-called hybrid) vehicles save on gasoline consumption by shutting
off the vehicle's engine while idling, giving the vehicle a boost of electric power
during acceleration, and capturing electrical energy while braking. In addition to
environmental benefits, the primary monetary benefit to the owner is reduced fuel
cost as a result of improved gas mileage. The trade-off, however, is that the purchase
price of the hybrid vehicle is higher than that of a standard gasoline-only fueled
vehicle.
Consider a hybrid vehicle with a sticker price of $31,500. This vehicle will
average 30 miles per gallon of gasoline. A tax credit of $1,500 for the hybrid
vehicle effectively reduces its sticker price to $30,000. A comparably equipped
gasoline-only vehicle will cost $28,000 and will average 25 miles per gallon of
gasoline. Assuming an interest rate of 3% per year and a study period of five years,
find the breakeven cost…
Chapter 14 Solutions
Pearson eText for Engineering Economy -- Instant Access (Pearson+)
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