You have inherited a large sum of money from Aunt Bee. You think the purchase of a

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You have inherited a large sum of money from Aunt Bee. You think the purchase of a beach house would be a good investment. Besides a good investment, you could enjoy the house with your family for many years to come. You live about 150 miles from the ocean, and there are several communities that would be excellent candidates for your purchase (or for building a new house). Identify five attributes, with at least three nonmonetary, that would be important in your decision of where to purchase or build. Specify appropriate values that you might assign to the nonmonetary attributes. Assign approximate weights to these attributes by using a method discussed in this chapter.

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Engineering Economy

ISBN: 978-0133439274

16th edition

Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

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