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please dont use excel Question 1 (CLOI 10 Marks) EcoHouse Sdn. Bhd. decides to build a jogging track around the new residential area. Their research

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Question 1 (CLOI 10 Marks) EcoHouse Sdn. Bhd. decides to build a jogging track around the new residential area. Their research concluded to two options of constructions and designs. The first option will use asphalt with stone base. All components in Option 1 design have a 20-year life. This design requires stone-support costing $90 per foot; two paved ditches costing $3 per foot each and three squares of asphalt per mile that costs $9,000. Annual maintenance of this option will cost $1,800 per mile; the asphalts surface must be touched-up every five years at a cost of $450 each per mile. Option 2 involves polyurethane with concrete base. The concrete base costs $45 per foot, two sodded ditches costing $1.50 per foot each and three squares of polyurethane every mile that costs $2,250. All components in this design have a 10-year life. The replacement of polyurethane squares will cost $2,400 each. Annual maintenance will cost $2,700 per mile; the polyurethane surface must be touched-up yearly at a cost of $225 each per mile; and the annual ditch maintenance will cost $1.50 per foot per ditch. Using the annual worth (AW) analysis, recommend a more economical option on the basis of equivalent worth per mile for a 20-year period if the MARR is 6% per year. (Note: Assume surface touch-up also occurs at the end of the year 20) (10 marks) Question 1 (CLOI 10 Marks) EcoHouse Sdn. Bhd. decides to build a jogging track around the new residential area. Their research concluded to two options of constructions and designs. The first option will use asphalt with stone base. All components in Option 1 design have a 20-year life. This design requires stone-support costing $90 per foot; two paved ditches costing $3 per foot each and three squares of asphalt per mile that costs $9,000. Annual maintenance of this option will cost $1,800 per mile; the asphalts surface must be touched-up every five years at a cost of $450 each per mile. Option 2 involves polyurethane with concrete base. The concrete base costs $45 per foot, two sodded ditches costing $1.50 per foot each and three squares of polyurethane every mile that costs $2,250. All components in this design have a 10-year life. The replacement of polyurethane squares will cost $2,400 each. Annual maintenance will cost $2,700 per mile; the polyurethane surface must be touched-up yearly at a cost of $225 each per mile; and the annual ditch maintenance will cost $1.50 per foot per ditch. Using the annual worth (AW) analysis, recommend a more economical option on the basis of equivalent worth per mile for a 20-year period if the MARR is 6% per year. (Note: Assume surface touch-up also occurs at the end of the year 20) (10 marks)

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