Determine best way to estimate cost of a gallon of gasoline

Reference no: EM131282129

ASSIGNMENT: Prescribing Policies

Write five to six page paper in which you:

1. Determine the following before deciding a prescription: (a) maximize effectiveness at the least cost; (b) maximize effectiveness at a fixed cost of $10,000; (c) achieve a fixed-effectiveness level of 6,000 units of service at a fixed cost of $20,000; (d) maximize net benefits, assuming that each unit of service has a market price of $10; (e) maximize the ration of benefits to costs, assuming that each unit of service has a market price of $10.

2. Determine which of the two main programs (Program I and Program II) should be selected under each of these criteria. Justify your position.

3. Describe the conditions under which each criterion may be an adequate measure of the achievement of objectives.

4. Determine the assumptions that govern estimates of the value of time lost driving, indicating which assumptions (if any) are more tenable than others. Justify your position.

5. Determine the best way to estimate the value of time. Justify your position.

6. Determine the best way to estimate the cost of a gallon of gasoline. Justify your position.

7. Determine the more reliable method to estimate driving speeds and miles per gallon by using (a) official statistics on highway traffic from the Environmental Protection Agency or by using (b) engineering studies of the efficiency of gasoline engines by the Department of Energy. Discuss any consequences of using one source rather than another. Justify your position.

8. Estimate the value of a life saved. Justify your position.

9. Determine which policy is preferable, (a) the 55-mph speed limit or (b) the 65-mph limit. Justify your position.

10. Include at least two (2) peer-reviewed references (no more than five [5] years old) from material outside the textbook to support your views. Note: Appropriate peer-reviewed references include scholarly articles and governmental Websites. Do not use open source Websites such as Wikipedia, Sparknotes.com, Ask.com, and similar Websites are not acceptable resources.

Your assignment must follow these formatting requirements:

• Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.

• Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

• Recommend policy alternatives to deal with a specific problem.

• Examine the nature, characteristics, models, and / or methods pertinent to the structuring of policy problems.

• Compare and contrast approaches and / or techniques for prescribing preferred policies.

• Use technology and information resources to research issues in policy analysis and program evaluation.

• Write clearly and concisely about policy analysis and program evaluation using proper writing mechanics.

Reference no: EM131282129

Questions Cloud

Calculate the rate of heat loss from a human body : Compare your results with those for natural convention from a body (Problem 5.8) and with the typical energy intake from food, 1033 kcal/day.

Derive the formula for the probability of error : Derive the formula for the probability of error incurred by the maximum likelihood detection procedure applied to this form of signaling over an AWGN channel.

Describe a real or hypothetical problem : Discuss the relationship between ill-structured problems and approaches to monitoring. Then, describe a real or hypothetical problem and recommend at least one effective way to monitor the policy outcomes.

How the angle ? will affect the rate of heat transfer : If the duct width is 1 m, predict the outcome of the planned tests and estimate how the angle θ will affect the rate of heat transfer. Are there limits?

Determine best way to estimate cost of a gallon of gasoline : Determine the best way to estimate the value of time. Determine the best way to estimate the cost of a gallon of gasoline. Justify your position.

Identify the line codes that have minimum average energy : Identify the line codes that have minimum average energy and those that do not. Compare your answers with the observations made on these line codes.

Depending on the person : The answer to this question will vary depending on the person and his or her values and background. Some students are more focused on day-to-day personal needs and others on broader societal or global concerns.

Which of two constellations has minimum average energy : The two signal constellations shown in Figure exhibit the same average probability of symbol error. Justify the validity of this statement. - Which of these two constellations has minimum average energy?

Write a temperature class : Write a Temperature class that will hold a temperature in Fahrenheit and provide methods to get the temperature in Fahrenheit, Celsius, and Kelvin.

User Account

All Pages