Basics Of Engineering Economy
2nd Edition
ISBN: 9780073376356
Author: Leland Blank, Anthony Tarquin
Publisher: MCGRAW-HILL HIGHER EDUCATION
expand_more
expand_more
format_list_bulleted
Question
Chapter 6, Problem 12P
To determine
Calculate the
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
A small company heats its building and spends $8,800 per year on natural gas for this purpose. Cost increases of natural gas are expected to be 9% per year starting
one year from now (i.e., the first cash flow is $9,592 at EOY one). Their maintenance on the gas furnace is $355 per year, and this expense is expected to increase by
12% per year starting one year from now (i.e. the first cash flow for this expense is $397.60 at the EOY one). If the planning horizon is 14 years, what is the total
annual equivalent expense for operating and maintaining the furnace? The interest rate is 15% per year.
Click the icon to view the interest and annuity table for discrete compounding when /- 0% per year.
Click the icon to view the interest and annuity table for discrete compounding when /-12% per year.
Click the icon to view the interest and annuity table for discrete compounding when / 15% per year.
CORD
The total annual equivalent expense for operating and maintaining the fumace is $thousands…
A high pressure (1000 psi) stainless steel pump with a variable frequency drive is installed in a seawater reverse osmosis pilot plant that is recoveringwater from membrane concentrate at a rate of 4 gallons per minute (gpm). The cost of the pump was $13,000. Because of favorable results from thepilot study, the water utility wants to go with a fullscale system that will produce 500 gpm. Estimate the cost of the larger pump, if the exponent in the cost-capacity equation has a value of 0.37.
The maximum amount an individual can contribute to her
Registered Retirement Savings Plan (RRSP) for a year is set by the
Canada Revenue Agency. For the year 2011, the maximum
contribution was the lesser of $21450 or 18% of the individual's
"earned income" in 2010. The lowest amount of earned income
for 2010 at which an individual could make a $21450
contribution in 2011 is $
Do not round your answer! Input the whole number part only,
e.g., if the answer is 2566.65 input 2566. Do not include a $ sign,
commas, or spaces in the answer.
Chapter 6 Solutions
Basics Of Engineering Economy
Ch. 6 - Prob. 1PCh. 6 - Prob. 2PCh. 6 - Prob. 3PCh. 6 - Prob. 4PCh. 6 - Prob. 5PCh. 6 - Prob. 6PCh. 6 - Prob. 7PCh. 6 - Prob. 8PCh. 6 - A University of Massachusetts study found that...Ch. 6 - Prob. 10P
Ch. 6 - The Closing the Gaps initiative by the Texas...Ch. 6 - Prob. 12PCh. 6 - Prob. 13PCh. 6 - Prob. 14PCh. 6 - Prob. 15PCh. 6 - Prob. 16PCh. 6 - Prob. 17PCh. 6 - Prob. 18PCh. 6 - Prob. 19PCh. 6 - Prob. 20PCh. 6 - Prob. 21PCh. 6 - Prob. 22PCh. 6 - Prob. 23PCh. 6 - Prob. 24PCh. 6 - Prob. 25PCh. 6 - A company that manufactures rigid shaft couplings...Ch. 6 - For each of the following scenarios, state whether...Ch. 6 - Prob. 28PCh. 6 - Prob. 29PCh. 6 - Prob. 30PCh. 6 - Prob. 31PCh. 6 - Prob. 32PCh. 6 - Prob. 33PCh. 6 - Prob. 34PCh. 6 - Prob. 35PCh. 6 - The four alternatives described below are being...Ch. 6 - Prob. 37PCh. 6 - Prob. 38PCh. 6 - Ashley Foods, Inc. has determined that only one of...Ch. 6 - Five revenue projects are under consideration by...Ch. 6 - Four different machines are under consideration...Ch. 6 - Prob. 42PCh. 6 - Prob. 43PCh. 6 - Prob. 44PCh. 6 - Prob. 45PCh. 6 - Prob. 46PCh. 6 - Prob. 47PCh. 6 - Prob. 48PCh. 6 - Prob. 49PCh. 6 - Prob. 50PCh. 6 - Prob. 51PCh. 6 - Prob. 52PCh. 6 - Prob. 53PCh. 6 - Prob. 54PCh. 6 - Prob. 55PCh. 6 - Prob. 56PCh. 6 - Prob. 57PCh. 6 - Prob. 58PCh. 6 - Prob. 59PCh. 6 - Prob. 60APQCh. 6 - Prob. 61APQCh. 6 - Prob. 62APQCh. 6 - Prob. 63APQCh. 6 - Prob. 64APQCh. 6 - Prob. 65APQCh. 6 - Prob. 66APQCh. 6 - Prob. 67APQCh. 6 - Prob. 68APQCh. 6 - Prob. 69APQCh. 6 - Prob. 70APQ
Knowledge Booster
Similar questions
- A plane carrying food and water to a resort island can carry a maximum of 27000 pounds and is limited in space to carrying no more than 550 cubic feet. Each container of water weighs 60 pounds and takes up I cubic foot of cargo space. Each container of food weighs 150 pounds and takes up 5 cubic feet. Hotels on the island will buy the food for 17 dollars a pound and the water for 4 dollars per pound. What is the optimum number of containers of each item that will maximize the revenue generated by the plane? What is the maximum revenue? Let x represent the number of food containers and y represent the number of water containers. Answer m Tables Keypad Keyboard Shortcuts Maximum revenue of $ Maximum revenue atarrow_forwardAn executive receives an annual salary of P400,000 and his secretary a salary P100,000 a year. A certain task can be performed by the executive, working alone, in 4 hours. If he delegates the task to his secretary t will require him 30 minutes to explain the work and another 45 minutes to check the finished work. Due to the unfamiliarity of the secretary to do the Task it takes her an additional time of 6 hours after being instructed. Considering salary cost only, determine the cost of performing the task by each method, if the secretary works 2,400 hours a year and the executive 3,000 hours a year.arrow_forwardThe structural engineering design section within the engineering department of a regional electrical utility corporation has developed several standard designs for a group of similar transmission line towers. The detailed design for each tower is based on one of the standard designs. A transmission line project involving 50 towers has been approved. The estimated number of engineering hours needed to accomplish the first detailed tower design is 126. Assuming a 95% learningcurve, Solve, a. What is your estimate of the number of engineering hours needed to design the eighth tower and to design the last tower in the project? b. What is your estimate of the cumulative average hours required for the first five designs?arrow_forward
- A small company heats its building and spends $8,000 per year on natural gas for this purpose. Cost increases of natural gas are expected to be 10% per year starting one year from now (i.e., the first cash flow is $8,800 at EOY one). Their maintenance on the gas furnace is $345 per year, and this expense is expected to increase by 15% per year starting one year from now (i.e., the first cash flow for this expense is $396.75 at the EOY one). If the planning horizon is 15 years, what is the total annual equivalent expense for operating and maintaining the furnace? The interest rate is 18% per year. Click the loon to view the interest and annuity table for discrete compounding when/= 10% per year. Click the icon to view the interest and annuity table for discrete compounding when /= 15% per year. Click the icon to view the interest and annuity table for discrete compounding when /= 18% per year. The total annual equivalent expense for operating and maintaining the furnace is $ thousands.…arrow_forwardPlease no written by hand solutions One area of concern when it comes to Starlink is the cost. For example, at the beginning of February 2023, FiberOne, a broadband internet provider in Nigeria, was providing internet with speeds of up to 500Mbps, which is fast. The installation fee was N32,231 (about US$70) and the monthly subscription cost around N100,000 (US$220). Starlink in Nigeria, meanwhile, costs about N276,000 (US$599) once- off for the kit and installation, then charges a monthly subscription fee of about [N19,800] (US$43). Starlink is cheaper in the long term than both fibre optic and mobile internet providers. But can an average rural Nigerian household with a monthly income of less than N28,000 (US$60) afford it? Given that average incomes are similarly low in most rural and remote parts of Africa, there's a risk that Starlink's targeted users on the continent won't be able to use the service. The reason that Starlink is able to charge a lower monthly price for their…arrow_forwardWe want to buy the car depending on its cost for 10 years. Here is the algorithm for deciding which car to buy depending on its cost. Assume a price of OMR 4.000 per liter of gas and usage of 15,000 kilometers per year. For each car, compute the total cost as follows: annual fuel consumed = annual miles driven / fuel efficiency annual fuel cost = price per gallon x annual fuel consumed operating cost = 10 x annual fuel cost total cost = purchase price + operating cost If total cost1 < total cost2 Choose car1. Else if total cost1 > total cost2 Choose car2. Else Choose car1 or car2 Use these sample values: Car 1: purchase price: OMR 25,000, fuel efficiency: 10 kms/liter, Car 2: purchase price: OMR 20,000, fuel efficiency: 15 kms/liter What is the outcome of the algorithm. a. Choose car1 and car2 b. Choose car 2 C. Choose car 1 O D. Choose car1 or car2arrow_forward
- Allina opens an exotic bakery. Her capacity for the month is eight hundred (800) Love Cherry Short cakes. On average, in a month, she pays a fixed amount for water, electricity, security and a loan of TTD100.00, TTD1,200.00, TTD2,700.00 and TTD4,000.00 respectively. In addition, she estimates that TTD50.00 more must be paid for each Love Cherry Short cake she makes and sells. If she sells one Love Cherry Short cake for TTD90.00. Identify and clearly state all variables used. Determine the following: Allina’s total cost and revenue functions. From part a) state the domain and range the total cost and revenue functions. Allina’s total cost when she produces and sells one thousand Love Cherry Short cakes. The value of the rational function of total cost and total revenue when no Love Cherry Short cakes are made and sold. Answer the following based on the problem set above. a. write a short reflective piece (NO MORE THAN 50 words per Problem Set…arrow_forwardA doctor is on contract to a medium-sized oil company to provide medical services at remotely located, widely separated refineries. The doctor is considering the purchase of a private plane to reduce the total travel time between refineries. The doctor can buy a used Learjet 31A now for $1.1 million or wait for a new very light jet (VLJ) that will be available 3 years from now. The cost of the VLJ will be $2.1 million, payable when the plane is delivered in 3 years. The doctor has asked you, his friend, to determine the present worth of the VLJ so that he can decide to buy the used Learjet now or wait for the VLJ. The MARR is 15% per year and the inflation rate is projected to be 3% per year. (a) What is the present worth of the VLJ with inflation considered? (b) Which plane should he buy?arrow_forwardQuestion 9 Trenny has asked her assistant to prepare estimates of cost of two different sizes of power plants. The assistant reports that the cost of the 150 MW plant is $220,000,000, while the cost of the 270 MW plant is $400,000,000. If Trenny has a budget of only $300,000,000, estimate how large a power plant she could afford using linear interpolation (Enter your answer rounded to one decimal place and in MW eg. XX.X)?arrow_forward
- Please solve parts d, e, and f only. thank youarrow_forwardThe property appraisal district for Marin County has just installed new software to trackresidential market values for property tax computations. The manager wants to know the totalequivalent cost of all future costs incurred when the three county judges agreed to purchasethe software system. If the new system will be used for the indefinite future, find theequivalent value (a) now and (b) for each year hereafter. The system has an installed cost of$2,500,000 and an additional cost of $700,000 at year 8. The annual software maintenancecontract cost is $75,000 for the first 4 years, $100,000 for the second 4 years, $125,000 for thethird 4 years, and $125,000 thereafter. In addition, there is expected to be a recurring majorupgrade cost of $100,000 every 14 years. Assume that i= 7% per year for county funds.arrow_forwardThe price for obtaining a cubic reactor of 1.2 m length was 2000 $ in 2013 (and the instillation cost is 30% of its price). If it is wanted by an investor to obtain a new one of larger size (the double) this year and to insulate it using one layer of insulation material that was cost 7 $/m² in 2013 (knowing that the cost of workers was 4 $/m² in 2013). How much will be the cost to install this new reactor? Year M&S Material Worker Index Index Index 2013 323 360 1480 587 2021 1505 600arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Principles of Economics (12th Edition)EconomicsISBN:9780134078779Author:Karl E. Case, Ray C. Fair, Sharon E. OsterPublisher:PEARSON
Engineering Economy (17th Edition)EconomicsISBN:9780134870069Author:William G. Sullivan, Elin M. Wicks, C. Patrick KoellingPublisher:PEARSON
Principles of Economics (MindTap Course List)EconomicsISBN:9781305585126Author:N. Gregory MankiwPublisher:Cengage Learning
Managerial Economics: A Problem Solving ApproachEconomicsISBN:9781337106665Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike ShorPublisher:Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-...EconomicsISBN:9781259290619Author:Michael Baye, Jeff PrincePublisher:McGraw-Hill Education
Principles of Economics (12th Edition)
Economics
ISBN:9780134078779
Author:Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:PEARSON
Engineering Economy (17th Edition)
Economics
ISBN:9780134870069
Author:William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:PEARSON
Principles of Economics (MindTap Course List)
Economics
ISBN:9781305585126
Author:N. Gregory Mankiw
Publisher:Cengage Learning
Managerial Economics: A Problem Solving Approach
Economics
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-...
Economics
ISBN:9781259290619
Author:Michael Baye, Jeff Prince
Publisher:McGraw-Hill Education