Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Recent development near Eugene, Oregon, has identified a need for improved access to Interstate 5 at one location. Civil engineers and public planners are considering

image text in transcribed
Recent development near Eugene, Oregon, has identified a need for improved access to Interstate 5 at one location. Civil engineers and public planners are considering three alternative access plans. Benefits are estimated for the public in general: disbenefits primarily affect some local proprietors who will see traffic pattern changes as undesirable. Costs are monetary for construction and upkeep, and savings are a reduction in cost of those operations today that will not be necessary in the future. All figures are relative to the present situation, retention of which is still an alternative, and are annualized over the 20-year planning horizon. Alternative B Benefits $270,000 $320,000 $410,000 Disbenefits $37,000 $69,000 $102,000 Costs $170,000 $269,000 $327,000 Savings $15,000 $31,000 $42.000 What is the B/C ratio for each of these alternatives? Alternative A: Alternative B: Alternative C: Carry all interim calculations to 5 decimal places and then round your final answer to 2 decimal places. The tolerance is 0.01

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

Money Banking And Financial Markets

Authors: Stephen G. Cecchetti

2nd International Edition

0071287728, 9780071287722

More Books

Students also viewed these Finance questions

Question

What is the status (prevalence) of unions today?

Answered: 1 week ago