Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Idi araba town council plans to build a bridge over the local river to replace the existing ferry service. Building will start in one year's time, that is 2006 and will take 4 yrs. It has planned to sub contract the building work to a major construction company and the best tender will involve the council in a cash expense of N10m at the start of building and further payments of N5m each year until 2010 once completed, the annual maintenance cost for the bridge will be N1m per annum according to today's prices; the annual cost is expected to rise with the general inflation rate of 7% p.a. In addition, a major overhaul is expected to be required after the first 15years of use, this will comprise N10m of material plus wage costs of a further N10m in current prices.
Material prices are expected to rise with the general rate of inflation for the next 16years and then remain constant; wage cost is expected to increase by 6% over the general inflation rate for the next 3years and then increase in line with general prices. The market interest rate the council consider relevant for the whole life of the project is 17.7%. You can assume that for calculation purpose the life of the bridge is infinite. The expected use of the bridge is 20,000 vehicles per day and toll charge is expected to increase in line with general inflation.
Required
a. Calculate minimum toll charge in the first year of operation necessary for the bridge to break even over its life, and explain your treatment of inflation. Note: Assume all annual cash flows arise on the last day of the relevant year.
What other factors do you think the council should consider when deciding upon the toll charge? Note: The statement that "in addition, a major overhaul is expected to be required after the first 15yrs of use" should be interpreted to mean at the end of the first 15years of use (i.e. year 20.5 +15)
What are the advantages and disadvantages of the standardized p-chart as compared to the regular proportion-nonconforming chart?
1. tensile strength tests were carried out on two different grades of wire rod resulting in the accompanying datagrade
Was the relationship between the U.S. government and the economy truly "laissez-faire" during the Gilded Age? Define the concept of laissez-faire.
Create a deviation from mean for the temperature variables and create squared terms for each of the temperature variables in deviation from mean form.
Sanitation inspection of cruise ships. To minimize the potential for gastrointestinal disease outbreaks, all passenger cruise ships arriving at U.S. ports.
Digital camcorder repair service has set the goal not to exceed average of 5 working days from time unit is brought in to time repairs are completed. Compute the t-value.
A box beam is built up of four 1-in.-by-6-in. boards as shown. The beam is subjected to a maximum vertical shear force of 920 lb.
Which cities tend to receive higher rankings-those north or south of the equator?- Are the livability rankings related to a city's economic status (assessed by rank)?
Summarize the results of part (a) into a table showing the sampling distribution of possible sample means. To do this, list each possible value for the sample.
Suppose that f(x, t) is the probability of getting x successes during a time interval of length t when (i) the probability of a success during a very small time interval from t to t + ?t is α · ?t, (ii) the probability of more than one success dur..
The same probability of getting choosen. In how many different ways can the teams be chosen so taht the number of employees on each project are as follows: 5 1 10.
A random survey of 75 death row inmates revealed that the mean length of time on death row is 17.4 years with a standard deviation of 6.3 years.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd