The local nuclear power plant has decided that the best place to store its high-level nuclear waste (small in volume but highly radioactive) would be in an unoccupied eld next to your college campus. They propose to build storage sheds, properly shielded so that the level of radioactivity at the site boundary is equal to background radiation, and use these sheds for the next 20yr. The power plant serves a population of 2 million and it is presently costing the power company $1.2 million/yr to dispose of the spent fuel in Washington state. The new facility will cost $800,000 to construct and $150,000/yr to operate. The power industry pays 8% interest on its borrowed money. The power company is willing to pay the college $200,000/yr rent. a. Will the power company save money? b. If you are the college president, decide if this is an acceptable scheme by using the following:

a. a cost-effectiveness analysis

b. a benet/cost analysis

c. a risk analysis

d. an environmental impact analysis

e. an ethical analysis.

If additional information is needed, assume reasonable values and conditions.

2 The local soclesr pewer plant has decided that the best place to stoee its high-level nuclear waste (small in volume bat highly radivctive) ovuld be in an uncecugied Beld next to your llege camps Thes propose to build sin sge sheds, property shielked so that the level of radicactivily at the site boundary is equal so background radistion, and use these sheds tor the nest 20yr. The power plant serves a pop ulation of 2 million and it is presently ousting the power compice 51.2 milboneyr to dispase of the spent fuel in Wachingtnstate. The new facility ill cost 38oconsnuct and s150,xyr to The power indusiry pays 8% interest rn its tortwec money. The power company is will ng to pay the college power company is will ng to pay the college 5200,000yr rent. a. Will the power company save meney? h. If you are the college president decide ir chis is an accoptaible scheme hy using a a cust-elfectiveness analysis b a benetiticost analysis c, a risk analysis d. an envizoomental impact analysis e. an etbical analysis If additional infermation is needed, assume reasonable values and conditions