Question
A road needed between two sites and a busy area that is located between them (not straight line). Routes A and B that have been
A road needed between two sites and a busy area that is located between them (not straight line). Routes A and B that have been proposed. Route A on the north would be built over a mountainous and curvy terrain, while B, the southern route, is considerably longer but straight, level, and on good soil. Traffic is expected to be about 7 million vehicles per year, with 9.3 percent trucks. The major benefits include travel time, safety and fuel as indicated below. Given: Convenience/Service/Safety is priced as (v/c)-1.5 times $1 per auto trip Truck time and fuel can be priced at $50 per minute. Determine the equivalent annual cost including the Operations & Maintenance (O&M) of Routes A and B using an 8.5% discount rate. Automobile time is valued at $12.00 per automobile hour saved Fuel: Average fuel price on the hilly terrain is 16 mpg while on the flat terrain is 24 mpg. Fuel costs are $1.25 per gallon
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