Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A new highway is to be constructed. Design A calls for a concrete pavement costing $90 per foot with a 20- year life; two paved

A new highway is to be constructed. Design A calls for a concrete pavement costing $90 per foot with a 20- year life; two paved ditches costing $3 per foot each; and three box culverts every mile, each costing $9,000 and having a 20- year life. Annual maintenance will cost $1,800 per mil e; the culverts must be cleaned every five years at a cost of $450 each per mile.

Design B calls for a bituminous pavement costing $45 per foot with a 10- year life; two sodded ditches costing $1.50 per foot each; and three pipe culverts every mile, each costing $2,250 and having a 10 -year life. The replacement culverts will cost $2,400 each. Annual maintenance will cost $2,700 per mile; the culverts must be cleaned yearly at a cost of $225 each per mile; and the annual ditch maintenance will cost $1.50 pe r foot per ditch.

Compare the two designs on the basis of equivalent worth per mile for a 20- year period. Find the most economical design on the basis of AW and PW if the MARR is 6% per year. (Note: assuming cleaning also occurs at the end of the life time)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Budgets And Financial Management In Higher Education

Authors: Margaret J. Barr, George S. McClellan

3rd Edition

1119287731, 9781119287735

More Books

Students also viewed these Finance questions

Question

In what ways can confl ict enrich relationships?

Answered: 1 week ago

Question

How do listening and hearing diff er?

Answered: 1 week ago

Question

How does eff ective listening diff er across listening goals?

Answered: 1 week ago