Q4. Steel cable barriers in highway medians are a low cost way to improve traffic safety withoutoverstressing department of transportation budgets. Cable barriers cost $44,000 per mile, comparedwith $72,000 per mile for guardrail and $419,000 per mile for concrete barriers. Furthermore, cablebarriers tend to snag tractor-trailer rigs, keeping them from ricocheting back into same-direction traffic.The state of Ohio spent $4.97 million installing 113 miles of cable barriers. Answer the following usingboth tabulated factors and a spreadsheet function.(a) If the cable barriers prevent accidents totaling $1.3 million per year, what rate of return does thisrepresent over a 10-year study period?(b) What is the rate of return for 113 miles of guardrail if accident prevention is $1.1 million per yearover a 10-year study period?

To determine the rate of return (RoR) over a 10-year period for the given conditions, we'll work on…

Answered: Q4. Steel cable barriers in highway…

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter17: Long-term Investment Analysis

Section: Chapter Questions

Problem 3.4CE

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1. A local city council is considering a major transit expansion. The project requires purchases of $40 million in equipment now and annual expenses of $1 million each year starting in 2 years. The transit expansion is expected to reduce road congestion beginning next year and reduce respiratory illness in the region by 5% in 3 years. These benefits have been estimated monthly as 30 hours less time commuting. There are 250,000 commuters in the region and the average wage is $30 hour. Respiratory illness costs the local health system $500,000 each year. The council has asked you to complete a cost benefit analysis of the project. Present one with a time horizon of 5 years and another over the next 20 years. Current interest rates are 2% 2. Calculate the PV of $10 million received in 5 years 3. Suppose in a certain city the demand for low-cost housing can be characterized by the equation P = 200 - 2Q, where Q is housing measured in square feet. Further, suppose that supply is…
Each time a song is played on the radio, the record company and the songwriter are paid a royalty of $0.30.Of the total, 75% goes to the company and the rest to the writer. If on a network of 50 radio stations, a certainsong is played 4 times a day during the first week and then 20 times a day for the next three weeks, how muchdoes the network owe in royalties for the four weeks? How much do the record company and the songwriterreceive each
If you rent a car, you can (1) return it with a full gas tank, (2) return it without filling it and pay $5.75/gallon, or (3) accept a fixed price of $60 for gas. The local price is $3.50/gallon for gasoline, and you expect this car to get 25 miles per gallon. The car has a 20-gallon tank. What choice should you make if you expect to drive: (a) 150 miles? (b) 300 miles? (c) 450 miles? O Option 1, b) Option 1, c) Option 3 O a) Option 1, b) Option 1. c) Option 3 Option 1. b) Option 1. c) Option 1 O Option 3, b) Option 3, c) Option 3
The authors mention in a few places in the chapter that benefits are overestimated while costs tend to be underestimated—they called this the “optimist’s bias.” What do they mean by this, and what effect can it have on the fair evaluation of projects?
2. Describe the attributes of information quality and how they impact transportation decision making.
41- A colleague at work takes small amounts of IT supplies such as flash drive for her own personal use, saying that this is a tiny loss to the company. You tell her that if everyone were to take office supplies, then the loss would no longer be minimal . Your rationale expresses which of the following ethical issues: O a Property issues O bPrivacy issues Oc Accuracy issues O d Accessibility issues
The accompanying table shows the relationship between the speed of a computer's CPU and its benefits and costs. Assume that all other features of the computer are the same (that is, CPU speed is the only source of variation), and only the CPU speeds listed in the table are available for purchase. CPU Total Marginal Total Marginal GHz Benefit Benefit Cost Costs 2.0 $1,000 $900 2.5 $1,400 $ 100 3.0 $300 $1,200 3.5 $1,900 $ 1,500 4.0 $2,000 $ 400 The marginal cost of upgrading from a 2.5GHz to 3.0GHz computer is O $400. O $300. $200. O $100.
List two things you need to consider to ensure your premises meet GMP design standards. Please explain in detail and clearly. Thank you!
what steps are you going to take to promote CSR initiative for Amazon pharmancy? for example: what community programs, non profit, or environmental projects will the new product or services support? how do you plan to attract, develop, engage, and reward project team.
This does not solve for the Present Worth of Costs
There is a monthly profit objective of $17,000 for Ricky's Repair Shop. 60 percent of sales are accounted for by variable expenditures, while the monthly fixed cost is $8,000 per month. Requirements Foreach month, calculate the shop's profit margin in dollars. Ricky's safety margin is expressed as a percentage of salestargets.
Panther Acre Cattle Company - Chapter 7 Lab A typical farm or ranch problem is determining the optimum or profit-maximizing weight to sell fed cattle. Assume the feeder cattle are purchased at 600 pounds. The feed required and the weight gain is shown in the table below. Feed costs 7¢ per pound and feeder cattle prices are as follows: Weight Price per Pound 600-899 lbs 72¢ go to 3rd 900-1099 lbs decimal 1100 lbs or more 70¢ Point 67¢ Pay attention to the price changes when computing MVP. Input Output Feed Weight Selling Required Gain Weight Total Average Marginal Marginal Marginal Revenue Physical Physical Value Input (lbs) (lbs) (lbs) Product Product Product Cost 600 0 0 600 432 XXX XXX XXX XXX 500 50 So 650 468 0.10 0.083 1,100 145 as 745 536.40 0.132 6.158 1,700 235 aol 835 601.20 0.138 0.15 2,300 320 85 920 644 0.139 2,900 400 80 1,000 700 0.138 3,500 465 65 1,065 745, 50 0.133 4,100 525 60 1,125 753.75 0.128 4,700 575 SO 1,175 787.25 0.122 5,300 615 40 1,215 814.05 0.116 5,900 645…

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