Homework H.W. An American city received four designs for a new hospital wing to confront the Corona epidemic. The costs and benefits are the same in most categories, but the city's finance director decided that the following estimates should be considered to determine which design should be recommended at next week's city council meeting. Patient expense is an estimate of the amount paid by the insurance company, not the patient, occupying a hospital room with features included in the design of each room. The discount rate is 5% annually, and the lifespan of the addition is 30 years. As a consulting engineer in that city which designs do you choose by B/C 6 Design 1 Design 2 Construction cost, $ 10,000,000 15,000,000 Building maintenance cost, $/year Patient benefits, $/year 35,000 55,000 800,000 1,050,000

Homework H.W. An American city received four designs for a new hospital wing to confront the Corona epidemic. The costs and benefits are the same in most categories, but the city's finance director decided that the following estimates should be considered to determine which design should be recommended at next week's city council meeting. Patient expense is an estimate of the amount paid by the insurance company, not the patient, occupying a hospital room with features included in the design of each room. The discount rate is 5% annually, and the lifespan of the addition is 30 years. As a consulting engineer in that city which designs do you choose by B/C 6 Design 1 Design 2 Construction cost, $ 10,000,000 15,000,000 Building maintenance cost, $/year Patient benefits, $/year 35,000 55,000 800,000 1,050,000

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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