The following data was collected in a road project: Free haul distance = 50 meters Cost of borrow = 5 pesos per cu.m Cost of haul = 0.25 pesos per meter station Stationing of one limit of free haul = 2+763.12 Stationing of one limit of economic haul = 2+948.03 Assume the ground surface has a uniform slope from cut to fill. compute for: the length of economic haul. the overhaul volume. the volume of borrow. the volume of waste.

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Engineering Economics Principles

Engineering economics (engineering economy) is a sub-field of economics to study the use and application of the economic principles in the engineering analysis of decisions along with the systematic evaluation of the advantages of project costs inclusive of engineering design and analysis. It emphasizes microeconomics (a subset of economics) for researching the behavior of people in the decision-making process of assigning and determining multiple alternatives to the usage of some of the restrained resources and merging economic theory and engineering practice in a practical manner. It depicts the logical framework of economics in addition to the analytical application of statistics and mathematics.