31. In problem 20 suppose the following pessimistic, most likely, and optimistic estimates are given for building
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31. In problem 20 suppose the following pessimistic, most likely, and optimistic estimates are given for building cost, furnishings cost, annual operating and maintenance costs, and the average rate per occupied unit.
Determine the pessimistic and optimistic limits on the break-even value for the daily occupancy percentage based on a MARR of 12%. Assume the motel will operate 365 days/year.
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Related Book For 
Fundamentals Of Engineering Economic Analysis
ISBN: 9781118414705
1st Edition
Authors: John A. White, Kellie S. Grasman, Kenneth E. Case, Kim LaScola Needy, David B. Pratt
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