Cost benefit Analysis for public projects
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Attached are two problems that I can't figure out. They are not for homework but my instructor said that it would be helpful to understand them in preparation for the final.
If you have time, please work 12.7 and 12.8 and show me how you did them. The text is fundamentals of engineering economics (Chan S. Park). Thank you.
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Solution Summary
A cost benefit analysis for public projects are examined.
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See the attached file. thanks.
12.7
A B C
Initial cost $8,000,000 $10,000,000 $12,000,000
Annual Benefits
Power sales $1,000,000 $1,200,000 $1,800,000
Flood savings control $250,000 $350,000 $500,000
Irrigation benefits $350,000 $450,000 $600,000
Recreation benefits $100,000 $200,000 $350,000
O&M ...
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