A government agency has estimated that a flood control project has costs and benefits that are parabolic,
Question:
(Present worth of benefits)2
- 22(Present worth of cost) + 44 = 0
where both benefits and costs are stated in millions of dollars. What is the present worth of cost for the optimal size project?
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The text points out in Example 89 of Chapter 8 tha...View the full answer
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Related Book For
Engineering Economic Analysis
ISBN: 9780195168075
9th Edition
Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle
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