8. Evaluation criteria usually used in economic analysis are: A. Time to completion B. Technical feasibility C. Sustainability D. Financial units (dollars or other currency)
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8. Evaluation criteria usually used in economic analysis are:
A. Time to completion
B. Technical feasibility
C. Sustainability
D. Financial units (dollars or other currency)
Please solve based the option max 15 minutes ASAP
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- feasibility analysis is typically done during which systems development stage? a. investigation b. analysis c. design d. all of the aboveThe decision analysis is a. General method of decision making b. Analysis of the correctness of problem solving procedures c. Risk analysis before decision making d. Problem solving urgency analyPart e,f and d solution need
- Evaluation of an engineering project involves the following constraints a. financial, environmental, social and political constraints O b. technical and financial constraints O c. technological and social constraints O d. time and money constraints O e. budget and time constraintsAlt. A Alt. B Alt. C Initial Cost $7,500 $5,000 $2,000 EUAB $1,800 $1.400 $700 Salvage $500 $200 $100 Value Life 10 10 10Engineering Economics Q#1
- 1. What is the difference between economics and engineering economy?ΔRoR for the first increment (Alt. C-Alt. A) is ___________________. Alt. A Alt. B Alt. C Initial cost $5,000 9,000 7,500 Annual benefits $1,457 2,518 2,133 RoR 14% 12.4% 13% Life in years 5 Group of answer choices 10.12% 11.00 11.85% 9.38%Solutions to (d) and (e)
- Just part (d) and (e)enumerate the 7 steps in engineering economy study. apply it on a situation you can encounter in your daily life. (Example. Picking which kind of candy to buy.)Economics Dr. Pis a water resources engineer! You will need to be more convincing about the last problem and compose it as a Benefit-Cost ratio analysis! Complete the incremental analysis below - be careful of signage and use examples from homework and the textbook to help you out if needed! Assume same MARR as last example. Brewery BBQ $50,000 $100,000 $12,000 Rave Initial cost Annual benefit 10000 15000 5000 Salvage value 25000 35000 5000 Life 6 years O The Moon is Cheese O Rave O BBQ Brewery